You are in an inventory management field these days. You are working for a place which works on 365 working days per year. The annual demand is 818 widgets per year. The ordering cost is $200 per order, regardless of size. The holding cost is $4 per widget per year. How many orders per year will you place? Please round your answer to the nearest integer.
You are in an inventory management field these days. You are working for a place which works on 365 working days per year. The annual demand is 818 widgets per year. The ordering cost is $200 per order, regardless of size. The holding cost is $4 per widget per year. How many orders per year will you place? Please round your answer to the nearest integer.
Elements Of Electromagnetics
7th Edition
ISBN:9780190698614
Author:Sadiku, Matthew N. O.
Publisher:Sadiku, Matthew N. O.
ChapterMA: Math Assessment
Section: Chapter Questions
Problem 1.1MA
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Question
You are in an inventory management field these days. You are working for a place which works on 365 working days per year.
The annual demand is 818 widgets per year.
The ordering cost is $200 per order, regardless of size.
The holding cost is $4 per widget per year.
How many orders per year will you place? Please round your answer to the nearest integer.
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