What is the consolidated optimal order quantity

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Reference no: EM132221761

Which of the following sentences has a misplaced modifier?

• The company charges its customers only after they have signed the sales slip.

• We have compiled a list of selected candidates using the information we gathered during the selection process.

• Aaron was asked to revamp the company website to make it appear more sophisticated.

• On Wednesday, the council decided to apply for a grant.

• Rory was asked to create a report on the implications of implementing the controversial new policy.

2. Joshua runs a second pharmacy on the other side of town. He has been ordering for each location individually from a wholesaler. He realizes that he can save some money by consolidating the two orders into one single order. The costs per pack for both pharmacies are exactly the same (use A , c and r∗c values from Part 1). The annual demand for Ibuprofen in the second pharmacy is 930 packs.

What is the consolidated optimal order quantity (in packs of Ibuprofen)

unit cost: c = 386 Naira/pack

demand: D = 990 packs/year

ordering cost: A = 2500 Naira/order

holding cost: r∗c = 41 Naira/pack*year

Q- If Joshua places one consolidated order (as in Part 2) instead of placing two separate orders, how much money will he save?

Round your answer to one decimal place (e.g. if the result is 1.534 put in as an answer 1.5).

Reference no: EM132221761

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