The Annual demand for the Sigma company is 5,400 computers. The carrying cost and ordering cost of the Sigma company is $ 30/ year and $250/ order. Calculate the time between orders? 22 days (Approximately) 16 days (Approximately) 20 days (Approximately) 17 days (Approximately)

The Annual demand for the Sigma company is 5,400 computers. The carrying cost and ordering cost of the Sigma company is $ 30/ year and $250/ order. Calculate the time between orders? 22 days (Approximately) 16 days (Approximately) 20 days (Approximately) 17 days (Approximately)

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter18: The Management Of Accounts Receivable And Inventories

Section: Chapter Questions

Problem 19P

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Question

The Annual demand for the Sigma company is 5,400 computers. The carrying cost and ordering cost of the Sigma company is $ 30/ year and $250/ order.
Calculate the time between orders?
22 days (Approximately)
16 days (Approximately)
20 days (Approximately)
17 days (Approximately)

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