At Dot Com, a large retailer of popular books, demand is constant at 17,000 books per year. The cost of placing an order to replenish stock is $5, and the annual cost of holding is $5.00 per book. Stock is received 15 working days after an order has been placed. No backordering is allowed. Assume 275 working days a year. a. Dot Com's optimal order quantity is books. (Enter your response rounded to the nearest whole number)

At Dot Com, a large retailer of popular books, demand is constant at 17,000 books per year. The cost of placing an order to replenish stock is $5, and the annual cost of holding is $5.00 per book. Stock is received 15 working days after an order has been placed. No backordering is allowed. Assume 275 working days a year. a. Dot Com's optimal order quantity is books. (Enter your response rounded to the nearest whole number)

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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