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The Acme Medical Center uses 53,800 pairs of rubber gloves per year, the price of each pair of gloves is $0.25, gloves are sold only in packages of 100 pairs per package, the carrying cost per package is 10%, and the fixed cost of placing an order with the glove supplier is $10. f it takes 10 days from when an order is placed to when it is received, what is the reorder point? 15 pairs of glove

The Acme Medical Center uses 53,800 pairs of rubber gloves per year, the price of each pair of gloves is $0.25, gloves are sold only in packages of 100 pairs per package, the carrying cost per package is 10%, and the fixed cost of placing an order with the glove supplier is $10. f it takes 10 days from when an order is placed to when it is received, what is the reorder point? 15 pairs of glove

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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The Acme Medical Center uses 53,800 pairs of rubber gloves per year, the price of each pair of gloves is $0.25, gloves are sold only in packages of 100 pairs per package, the carrying cost per package is 10%, and the fixed cost of placing an order with the glove supplier is $10. If it takes 10 days from when an order is placed to when it is received, what is the reorder point? OO 15 pairs of glove 148 packages 15 packages 148 pairs of gloves
Transcribed Image Text:The Acme Medical Center uses 53,800 pairs of rubber gloves per year, the price of each pair of gloves is $0.25, gloves are sold only in packages of 100 pairs per package, the carrying cost per package is 10%, and the fixed cost of placing an order with the glove supplier is $10. If it takes 10 days from when an order is placed to when it is received, what is the reorder point? OO 15 pairs of glove 148 packages 15 packages 148 pairs of gloves
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