Safety stocks and order points sach inc expects to sell 700


Question: Safety Stocks and Order Points. Saché, Inc., expects to sell 700 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 100 suits. Once an order is placed, it takes three days for Saché to get the suits in. How many orders does the company place per year? Assume that it is Monday morning before the store opens, and a shipment of suits has just arrived. When will Saché place its next order?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Safety stocks and order points sach inc expects to sell 700
Reference No:- TGS02528757

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)