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What is the optimal order quantity? 80 units 800 units 40 units 400 units How many orders in a year? 20 orders 40 orders 20 units 40 units How many days between orders? 20 days 40 days 18.25 days 15 days How much is the total inventory cost? $1000 $2500 $2000 $3000

What is the optimal order quantity? 80 units 800 units 40 units 400 units How many orders in a year? 20 orders 40 orders 20 units 40 units How many days between orders? 20 days 40 days 18.25 days 15 days How much is the total inventory cost? $1000 $2500 $2000 $3000

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Pam runs a mail-order business for gym equipment. Annual demand for the TricoFlexers is 16,000. The annual holding cost per unit per year is $2.50 and the cost to place an order is $50. There are 300 working days in a year. What is the optimal order quantity? 80 units 800 units 40 units 400 units How many orders in a year? 20 orders 40 orders 20 units 40 units How many days between orders? 20 days 40 days 18.25 days 15 days How much is the total inventory cost? $1000 $2500 $2000 $3000
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