Economic order quantity (Q*) is 2,000 units. Annual demand (D) is 12,000 units. Find number of orders per year (N*) and time between orders (T*) in weeks. N*=0.167 times per year, T*= 6 weeks N*=6 times per year, T*= 60.83 weeks N*=6 times per year, T*= 0.167 weeks N*=8.67 times per year, T*= 6 weeks N*=6 times per year, T*= 8.67 weeks

Practical Management Science
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Chapter2: Introduction To Spreadsheet Modeling
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Economic order quantity (Q*) is 2,000 units. Annual demand (D) is 12,000 units. Find number of orders
per year (N*) and time between orders (T*) in weeks.
N*=0.167 times per year, T*= 6 weeks
N*=6 times per year, T*= 60.83 weeks
N*=6 times per year, T*= 0.167 weeks
N*=8.67 times per year, T*= 6 weeks
N*=6 times per year, T*= 8.67 weeks
Transcribed Image Text:Economic order quantity (Q*) is 2,000 units. Annual demand (D) is 12,000 units. Find number of orders per year (N*) and time between orders (T*) in weeks. N*=0.167 times per year, T*= 6 weeks N*=6 times per year, T*= 60.83 weeks N*=6 times per year, T*= 0.167 weeks N*=8.67 times per year, T*= 6 weeks N*=6 times per year, T*= 8.67 weeks
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