Average inventory held during year including safety stock

Assignment Help Financial Management

Reference no: EM131863832

Appliance for Less is a local appliance store. It costs this store $15.32 per unit annually for storage, insurance, etc., to hold microwave in their inventory. Sales this year are anticipated to be 784 units. Each order costs $94. The company is using Economic Order Quantity model in placing the orders. What is the average inventory held during the year including safety stock if the store insists on a 6 days safety stock (assume 365 days a year)? (Round the answer to the whole number)

Reference no: EM131863832

Questions Cloud

Purpose of using pricing models like dividend discount : The purpose of using pricing models like the dividend discount or relative valuation measures to price stocks is:

Differences between criminal justice and criminology : Define and explain the differences between Criminal Justice and Criminology. Which aspect of criminology

Major sources of statistical data about crime : Identify and discuss the differences between the two major sources of statistical data about crime in the United States.

Facts to support the major points : Of the various stages of the American criminal justice case, which singular stage, in your opinion, is most critical from the crime control perspective?

Average inventory held during year including safety stock : What is the average inventory held during the year including safety stock if the store insists on a 6 days safety stock (assume 365 days a year)?

How company benefiting from the sustainability initiatives : Explain and analyze how one organization/company in the Kingdom of Saudi Arabia is benefiting from the sustainability initiatives.

Managing a commercial business : In own words Is managing a criminal justice organization different than managing a commercial business?

Yakuza gangs and the numbers gang : Describe three similarities and two differences between the Yakuza Gangs and The Numbers Gang.

Discuss the strategy of self-recruiting for reinforcement : "Withdrawn Wilamena," "In a hurry Harry," "Shouting Shelly," or "Pestering Pete." Using the 6 steps, design a behavior change plan where the learner is taught.

User Account

All Pages