Value:10.00 points
Sache, Inc., expects to sell 770 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 500 suits and a safety stock of 120 suits. Once an order is placed, it takes three days for Sache to get the suits in.
How many orders does the company place per year? (Round your answer to 2 decimal places.
Orders per year
Assume that it is Monday morning before the store opens, and a shipment of suits has just arrived. When will Sache place its next order?
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Sunday