What is the time interval between orders

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Reference no: EM132122690

Best Buy Part A) At a Best Buy store, the forecast for the annual demand of a Motorola cell phone is 15600. Demand forecasts are updated weekly and the unit time is one week. Motorola takes 2 weeks to supply an order and the setup cost is $400 per order. The holding cost rate is 10% and one cell phone costs $50.

(Best Buy Part A)

(a) How many orders are placed per year? [Answer format: two decimal places]

(b) What is the time interval (in years) between orders? [Answer format: one decimal place]

(c) What is the time interval (in weeks) between orders? [Answer format: one decimal place] (Note: To avoid rounding errors, use exactly the same reorder interval in (b).)

Write your answer(s) as 1.23, 4.5, 6.7

Reference no: EM132122690

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