Jose runs a mail order company of a product from home gyms in Miami, mainly San Juan. The annual dem
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Jose runs a mail order company of a product from home gyms in Miami, mainly San Juan. The annual demand for the product is 2,800. Assume that the year has 360 days and the unit cost is $ 100. The annual cost of maintaining the inventory (annual holding cost) is $ 6.75 / unit, and the cost to order is $ 30. Whenever Joseph make an order, there is a lead time of 8 days to receive it.to. What is the amount of product to be ordered and the total annual cost?
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