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jay123 jay123
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6 years ago
An item experiences an annual demand of 7,200 units. It costs 8 to hold an item in inventory for one year and 16 to place an order. If the EOQ model is used, what is the time between orders? Assume that there are 52 business weeks in a year.
 
  A) less than 1 week
  B) greater than 1 week but less than or equal to 2 weeks
  C) greater than 2 weeks but less than or equal to 3 weeks
  D) greater than 3 weeks
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vulshafer15vulshafer15
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6 years ago
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jay123 Author
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6 years ago
Thanks
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Thanks for your help!!
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2 hours ago
Helped a lot
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