The penguin bookstore is a large retailer of popular books in New York. The company is in operation 329 days a year, and
Posted: Fri Jul 01, 2022 9:12 am
company is in operation 329 days a year, and has a stable annual demand of 31679 books. The cost of placing an order for replacement books is $62.7 and the annual unit cost of maintenance is $13.72. Books are received 8 days after the order is shipped to suppliers. The question is: Given the characteristics of the problem, what would be the optimal interval between requests, considering a response on a day basis? 0.12 0.23 1.07 2.61 5.59
The penguin bookstore is a large retailer of popular books in New York. The