Local retailer of plumbing supplies

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Reference no: EM132241459

Leaky Pipe, a local retailer of plumbing supplies, faces demand for one of its SKUs at a constant rate of 17,000 units per year. It costs Leaky Pipe $35 to process an order to replenish stock and $3.00 per year to carry the item in stock. Stock is received 66 working days after an order is placed. No backordering is allowed. Assume 275 working days a year units per year.

ONLY answer if answering all questions or answer will be downvoted

a. Leaky Pipe's optimal order quantity is----units. (Enter your response rounded to the nearest whole number.)

b. The optimal number of orders per year is---orders. (Enter your response rounded to the nearest whole number.)

c. The optimal interval (in working days) between orders is----days. (Enter your response rounded to one decimal place.)

d. The demand during lead time is----units. (Enter your response rounded to the nearest whole number.)

e. The reorder point is----units. (Enter your response rounded to the nearest whole number.)

f. The inventory position immediately after an order has been placed is---units. (Enter your response rounded to the nearest whole number.)

Reference no: EM132241459

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