Author Question: An electronics retailer sells 14 cordless phones a day on average. It takes their supplier 4 days to ... (Read 120 times)

MGLQZ

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An electronics retailer sells 14 cordless phones a day on average. It takes their supplier 4 days to ship new orders. If the storeowner keeps a safety stock of 20 cordless phones, what is the reorder point?

Question 2

A recruitment company runs an employment ad 5 days a week for 4 weeks. The regular price of the ad is 1,250 a day, but the company receives a 15 discount off this price. How much does it cost them to run the ad for the 4 weeks?



abctaiwan

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Answer to Question 1

76 phones

Answer to Question 2

21,250



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