Problem 3 Cheap Shirts R Us (CSRU) sells 5,000 specialty T-shirts each year. It costs CSRU $5 to hold each shirt and $1.
Posted: Sat Feb 26, 2022 9:10 am
Problem 3 Cheap Shirts R Us (CSRU) sells 5,000 specialty T-shirts each year. It costs CSRU $5 to hold each shirt and $1.50 to order them. Upon placing an order it takes 4 days to receive the order. The store is open 300 days per year and it likes to keep a safety stock of 5 shirts. Show your work to receive partial credit. 1. Calculate the EOQ for CSRU. (4 points) 2. Calculate the reorder point. (4 points)