XYZ has developed the following data from its Material ASafety stock280Average (normally) daily use200Maximum daily use240Minimum daily use180EOQ1,000Cost of placing an orderP20Working days per year250 daysLead time6 days What is the normal maximum inventory?

XYZ has developed the following data from its Material ASafety stock280Average (normally) daily use200Maximum daily use240Minimum daily use180EOQ1,000Cost of placing an orderP20Working days per year250 daysLead time6 days What is the normal maximum inventory?

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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