Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 10 Sep 2017 My Price 4.00

Food Town

Food Town wishes to determine an optimal order policy for Marino brand pasta. The store sells an average of 320 one-pound packages per week. The cost of placing an order is $30, and the annual holding cost rate is estimated to be 14%. The pasta costs the store $.60 per package. Lead time is estimated to be one week, and the store desires a safety stock of 1 0 0 packages.

 

a. How many packages of pasta should Food Town order?

b. At what inventory level should the order be placed?

 

Answers

(5)
Status NEW Posted 10 Sep 2017 01:09 PM My Price 4.00

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