Top Posters
Since Sunday
s
3
v
3
p
3
m
2
s
2
d
2
N
2
d
2
e
2
s
2
s
2
e
2
Home Q & A Board Other Fields Homework Help Business
New Topic  
Havakajs Havakajs
wrote...
Go to Answer
Posts: 281
Rep: 0 0
5 years ago
Koshy's Coffee in Bangalore is a quaint establishment nestled near MG Road in the central business district. It serves coffee and fruit cake to a clientele that has been enjoying these products for over fifty years. The demand for coffee beans is 6600 cases per year (each case has 24 ten-pound bags). It would be disastrous for them to run out of coffee, so they keep a safety stock of 30 cases. The cases cost $4800 and it costs $5 per case to order coffee. As coffee is a perishable product, the holding cost is fairly high at $40/case/year. The lead time to receive an order is seven days. Koshy's is open 300 days a year.


What is their economic order quantity?

• 40.6 cases

• 162.5 cases

• 406 cases

• 1649.9 cases
Textbook 
Introduction to Management Science

Introduction to Management Science


Edition: 13th
Author:
Read 61 times
1 Reply
Replies
Answer verified by a subject expert
tigerdqtigerdq
wrote...
#1
Posts: 202
Rep: 177 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Havakajs Author
wrote...

5 years ago
Thanks for your help!!
hmonier
wrote...

Yesterday
this is exactly what I needed
Jose^2
wrote...

2 hours ago
Helped a lot
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  931 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 149
  
 300
  
 321
Your Opinion
What's your favorite coffee beverage?
Votes: 303
Previous poll results: Which of the following is the best resource to supplement your studies: