His annual cost to carry inventory is 24 and he estimates, Operation Management

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His annual cost to carry inventory is 24 and he estimates

Ray’s Satellite Emporium wishes to determine the optimal order size for its best-selling satellite dish (Model TS111). Ray has estimated the monthly demand for this model to be 305 units. This model costs Ray $175 to purchase from his supplier. His annual cost to carry inventory is 24% and he estimates that orders cost $34 to process. On average, how many satellite dishes are in inventory?

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Operation Management: His annual cost to carry inventory is 24 and he estimates

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