Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Yellow​ Press, Inc., buys paper in​ 1,500-pound rolls for printing. Annual demand is
3,000
rolls. The cost per roll is
​$1,000​,
and the annual holding cost is
28
percent of the cost. Each order costs
​$75.
Part 2
a. How many rolls should Yellow Press order at a​ time?
 
Yellow Press should order
enter your response here
rolls at a time. ​(Enter your response rounded to the nearest whole​ number.)
Part 3
b. What is the time between​ orders? (Assume
200
workdays per​ year.)
 
The time between orders is
enter your response here
days. ​(Enter your response rounded to one decimal​ place.)
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