Find economic order quantity of inventory policy


R&B Beverage Co. has the soft drink product which illustrates the constant annual demand rate of 5900 cases. The case of soft drink costs R&B $7.40. Ordering price are $21 per order and holding price are 8% of value of inventory. R&B has 280 working days per year, and lead time is five days. Find given aspects of inventory policy:

i) Economic order quantity

ii) Reorder point

iii) Cycle time

iv) Total annual cost

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Mathematics: Find economic order quantity of inventory policy
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