QUESTION 1 Assume you have a product with the following parameters: Demand - 360 Holding cost per year = $1.00 per unit
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QUESTION 1 Assume you have a product with the following parameters: Demand - 360 Holding cost per year = $1.00 per unit
QUESTION 1 Assume you have a product with the following parameters: Demand - 360 Holding cost per year = $1.00 per unit Order cost $100 per order Assume a 300-day work year Y demand for an item is 3 units per day, and delivery lead-time is 15 days, what should we use for a re-order point? A. 35 units B. 55 units C. 65 units D.45 units
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