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Home Q & A Board Other Fields Homework Help Business Management
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chimeric chimeric
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6 years ago
The annual demand for a product has been projected at 2,000 units. This demand is assumed to be constant throughout the year. The ordering cost is $20 per order, and the holding cost is 20 percent of the purchase cost. The purchase cost is $40 per unit. There are 250 working days per year. Whenever an order is placed, it is known that the entire order will arrive on a truck in 6 days. Currently, the company is ordering 500 units each time an order is placed. What level of safety stock would give a reorder point of 60 units?
A) 10
B) 14
C) 18
D) 12
E) 22
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Quantitative Analysis for Management

Quantitative Analysis for Management


Edition: 12th
Authors:
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somchaipsomchaip
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chimeric Author
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6 years ago
this is exactly what I needed
dri
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Helped a lot
Marcie D
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Just got PERFECT on my quiz
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