1 answer

2. win Lee has determined that the annual demand for number 6 screws is 100,000 screws....

Question:

2. win Lee has determined that the annual demand for number 6 screws is 100,000 screws. Irwin, who works in his brothers har
2. win Lee has determined that the annual demand for number 6 screws is 100,000 screws. Irwin, who works in his brother's hardware store, is in charge of purchasing. He estimates that it costs $10 every time an order is placed. This cost includes his wages, the cost of the forms used in placing the order, and so on. Furthermore, he estimates that the cost of carrying one screw in inventory for a year is one-half of 1 cent. (a) How many number 6 screws should Mr. Lee order at a time (b) What is the optimal number of orders per year? (c) What is the total annual inventory cost? (d) What is the optimal number of days between orders?

Answers

(0) 0 : ГРА annual Demand & Ordering cost pen onde Qx 100000 x 1000000 Scruws 0.005 W Castung cost poronit perannum Number of

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