This topic contains a solution. Click here to go to the answer

Author Question: Cynthia Korinsky, manager of a large medical supply house that operates 50 weeks per year and five ... (Read 88 times)

Destiiny22

  • Hero Member
  • *****
  • Posts: 557
Cynthia Korinsky, manager of a large medical supply house that operates 50 weeks per year and five days per week, has decided to implement a periodic review system for all class A items. One such item has the following characteristics:

Demand = 10,000 units per year (or 40 units per workday)
Order cost = $50 per order
Holding cost = $5 per unit per year

If Korinsky wishes to minimize total cost (thereby approximating the EOQ), what should be P, the number of workdays between orders?
◦ Greater than 14 days
◦ Greater than 12 days but fewer than or equal to 14 days
◦ Greater than 10 days but fewer than or equal to 12 days
◦ Fewer than or equal to 10 days


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Destiiny22 on Apr 18, 2020

patma1981

  • Sr. Member
  • ****
  • Posts: 292
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly




Destiiny22

  • Member
  • Posts: 557
Reply 2 on: Apr 18, 2020
Great answer, keep it coming :)


ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

For a complete list of videos, visit our video library