An automotive warehouse stocks a variety of parts that are sold at neighborhood stores. One particular part, a popular brand of oil filter, is purchased by the warehouse for $1.50 each. It is estimated that the cost of order processing and receipt is $100 per order. The company uses an inventory carrying charge based on a 25 percent annual interest rate. The monthly demand for the filter follows a normal distribution with mean 290 and standard deviation 75. Order lead time is assumed to be five months. Assume that if a filter is demanded when the warehouse is out of stock, then the demand is back-ordered, and the cost assessed for each back ordered demand is $12.80.
Determine the optimal values of the order quantity and the reorder level.
Q=
R=
Answers
Answered by
0
Answer:
one who throws bag moves opposite to the direction of the motion bag of the bag.
Explanation:
one who throws bag moves opposite to the direction of the motion bag of the bag.
Similar questions
Math,
14 hours ago
Math,
14 hours ago
India Languages,
14 hours ago
Math,
1 day ago
Hindi,
1 day ago
Math,
8 months ago
Social Sciences,
8 months ago