A local retailer anticipates an annual demand that product, and these shortages are backordered at a rate of 2 OMR per unit backordered. The co ordering is 200 OMR, whereas, the annual holding cost is 1 OMR per unit. The retailer operates 30C per year. What is the optimal time between two consecutive order in weeks, assume 52 weeks in a y Round-up to the nearest integer a. 11 b. О O c. 13 d. None is correct O e. 10 Of. 12

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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A local retailer anticipates an annual demand 12000 units of a product. The retailer allows shortages for
that product, and these shortages are backordered at a rate of 2 OMR per unit backordered. The cost of
ordering is 200 OMR, whereas, the annual holding cost is 1 OMR per unit. The retailer operates 300 days
per year. What is the optimal time between two consecutive order in weeks, assume 52 weeks in a year?
Round-up to the nearest integer
а.
11
b. О
C.
13
d.
None is correct
е.
10
f.
12
OO O
Transcribed Image Text:A local retailer anticipates an annual demand 12000 units of a product. The retailer allows shortages for that product, and these shortages are backordered at a rate of 2 OMR per unit backordered. The cost of ordering is 200 OMR, whereas, the annual holding cost is 1 OMR per unit. The retailer operates 300 days per year. What is the optimal time between two consecutive order in weeks, assume 52 weeks in a year? Round-up to the nearest integer а. 11 b. О C. 13 d. None is correct е. 10 f. 12 OO O
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