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Author Question: Cynthia Korinsky, manager of a large medical supply house that operates 50 weeks per year and five ... (Read 59 times)

Destiiny22

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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


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Marked as best answer by Destiiny22 on Apr 18, 2020

patma1981

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Destiiny22

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Reply 2 on: Apr 18, 2020
Gracias!


tandmlomax84

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Reply 3 on: Yesterday
Wow, this really help

 

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