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Saché, Inc., expects to sell 1,190 of its designer suits every week. The store i

ID: 2724762 • Letter: S

Question

Saché, Inc., expects to sell 1,190 of its designer suits every week. The store is open seven days a week and expects to sell the same number of suits every day. The company has an EOQ of 990 suits and a safety stock of 170 suits. Once an order is placed, it takes three days for Saché to get the suits in. (Enter your answer as directed, but do not round intermediate calculations.)

Saché, Inc., expects to sell 1,190 of its designer suits every week. The store is open seven days a week and expects to sell the same number of suits every day. The company has an EOQ of 990 suits and a safety stock of 170 suits. Once an order is placed, it takes three days for Saché to get the suits in. (Enter your answer as directed, but do not round intermediate calculations.)

Explanation / Answer

The company places an order every five days.

The number of orders per year will be:Orders per year = (1190*52)/990 = 62.51 times