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QUESTION
Ergonomics Inc. sells ergonomically designed office chairs. The company has the following information:
Ergonomics Inc. sells ergonomically designed office chairs. The company has the following information:
Average demand = 36 units per day
Average lead time = 50 days
Item unit cost = $70 for orders of less than 400 units
Item unit cost = $68 for orders of 400 units or more
Ordering cost = $45
Inventory carrying cost = 25%
The business year is 250 days
Assume there is no uncertainty at all about the demand or the lead time
Files:
Question #6a.pdf
