Given an EOQ problem modelled below, compute for L (lead time in days). Only final answer is rounded (two decimal places) which means that any intermediate value must not be rounded off. For guidance, D is the annual demand and ROP is the reorder point. D= 6,000 units/year EOQ Model ROP = 1/4 of average inventory t L 250 working days (1 year)

Given an EOQ problem modelled below, compute for L (lead time in days). Only final answer is rounded (two decimal places) which means that any intermediate value must not be rounded off. For guidance, D is the annual demand and ROP is the reorder point. D= 6,000 units/year EOQ Model ROP = 1/4 of average inventory t L 250 working days (1 year)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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