An electronic retail chain wishes to minimize its ordering costs for a particularly popular model of laptop computer. This retail has a line credit to finance its inventory and the current holding rate is 5.5%. The chain estimates it can sell 670,000 unit
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An electronic retail chain wishes to minimize its ordering costs for a particularly popular model of laptop computer. This retail has a line credit to finance its inventory and the current holding rate is 5.5%. The chain estimates it can sell 670,000 units per year and it pay $375 dollars per unit. Its costs $320 dollars to place each order. How many units should it order each time? round to whole number
10 years ago
An electronic retail chain wishes to minimize its ordering costs for a particularly popular model of laptop computer. This retail has a line credit to finance its inventory and the current holding rate is 5.5%. The chain estimates it can sell 670,000 unit
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