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(Solved): what is the time between orders in working days if you were ordering EOQ GROCERY STORE PROBLEM: A lo ...
what is the time between orders in working days if you were ordering EOQ
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 costs 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 time between orders \( (T B O) \) in working days if you were ordering EOQ? \( 0.317 \) \( 7.9 \) \( 12.9 \) \( 0.0317 \)