A company is using a carrier to deliver goods to a major customer. The annualdemand is $2,500,000, and the average transit time is 10 days. Another carrier promises to deliver in 7 days. What is the reduction in transit inventory?

MARKETING 2018
19th Edition
ISBN:9780357033753
Author:Pride
Publisher:Pride
Chapter7: Consumer Buying Behavior
Section7.2: Disney Markets To The Young And The Young At Heart
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A company is using a carrier to deliver goods to a major customer. The annual
demand is $2,500,000, and the average transit time is 10 days. Another carrier promises to deliver in 7 days. What is the reduction in transit inventory?

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