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The Operations Manager for Shadyside Savings Loan orders cash from her home office for her home office for her very popular "BIG BUCKS" automated...
The Operations Manager for Shadyside Savings & Loan orders cash from her home office for her home office for her very popular "BIG BUCKS" automated teller machine, which only dispenses $100 bills. She estimates that this machine dispenses an average of 12,500 bills per month, and that carrying a bill in inventory costs 10 percent of its value annually. She knows that each order for these bills costs $300 for clerical and armored car delivery costs, and that order lead time is six days.Assuming a thirty-day month, at what point should bills be reordered?2,500 bills remaining 10,000 bills remaining 417 bills remaining 0 bills remaining 12,500 bills remaining
