Time units: days
Demand units: tins
Time between periodic review of inventory: 10 days
Order lead time: 3 days
Average demand per period: 7 tins
Average demand during reorder period and order lead time: 100 meals
Annual demand: 16000
Annual demand: 32000
Annual demand: 16000
Discount order quantity: 1500
Total cost: $722,408.33
Economic order quantity: 800
Total cost of units: $800,000.00
Annual demand: 1200
Annual demand: 1200
Annual holding cost, per unit: $15.00
Cost per order: $200.00
Time units: weeks
Demand units: workbenches
Time units: weeks
Demand units: workbenches
Annual demand: 4000
Order quantity 200
Annual holding cost: $200.00
Time units: weeks
Demand units: bags
Average order lead time: 2 weeks
Time units: weeks
Demand units: bags
Time between periodic review of inventory: 1 weeks