Essay
The Super Discount store (open 24 hours a day, every day) sells 8-packs of paper towels, at the rate of approximately 420 packs per week. Because the towels are so bulky, the annual cost to carry them in inventory is estimated at $.50. The cost to place an order for more is $20 and it takes four days for an order to arrive.
a.Find the optimal order quantity.
b.What is the reorder point?
c.How often should an order be placed?
Correct Answer:
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a.Q* = 1322
B.r = (6...View Answer
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Correct Answer:
Verified
B.r = (6...
View Answer
Unlock this answer now
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