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Elementary,Middle School,High School,College,University,PHD
Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Zeigler’s Lumber Supply sells an average of 15,200 board feet of 2 by 4 lumber weekly. Ziegler’s purchases its 2 by 4 lumber front Western Cascade Wood Products. Western Cascade offers its customers the following all units quantity discount schedule:
The annual holding cost rate for the lumber is 16%, and the cost of placing an order for the lumber is estimated to be $250. Lead time is three weeks, and Zeigler’s desires a safety stock of 8000 board feet. Determine the optimal inventory policy of 2 by 4’s for Zeigler’s Lumber Supply.
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