Pam runs a mail-order business for gym equipment. The annual demand for the TricoFlexers is 16,000. The annual holding cost per unit per yr is $2.50 and the cost to place an order is $50.There are 300 working days in a yr. What is the optimal order quantity?
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Pam runs a mail-order business for gym equipment. The annual demand for the TricoFlexers is 16,000. The annual holding cost per unit per yr is $2.50 and the cost to place an order is $50.There are 300 working days in a yr. What is the optimal order quantity?
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