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Lunna [17]
3 years ago
10

GROCERY STORE PROBLEM: A local grocery store faces demand for one of its items at a constant rate of 20,000 boxes per year. It c

osts them $5 to process an order and $0.50 per box per year to carry the item in stock. The stock is received three working days after an order is placed. Assume 250 working days in a year and no backordering. What is the demand during lead time assuming that there is no variability
Business
1 answer:
harkovskaia [24]3 years ago
3 0

Answer: 240

Explanation:

The following information can be gotten from the question:

Annual demand (D)= 20000

Daily demand (d) = 20000 / 250 = 80

Ordering cost (S) = 5

Holding cost (H) = 0.5

Lead time (L)= 3 days

The demand during lead time would be gotten by multiplying the daily demand by the lead time. This would be:

= 3 × 80

= 240

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4 years ago
Cara writes an e-check on Monday to pay a bill in the simulation. What is the earliest it will be applied to the vendor account?
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Considering the earliest time is 3 business days, an e-check written on Monday will reach a vendor's account three days later on a Thursday.

Find out more on online payments at brainly.com/question/1109723.

4 0
2 years ago
Which of the following is the first step in Kotter's eight-step plan for implementing change?A) Create a new vision to direct th
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