A、the time that it takes for a check to clear
B、the time that it takes from when a customer places an order until the selling firm receives the order
C、also called the replenishment cycle
D、also called the vendor cycle
A、order cycle
B、order management
C、order transmittal
D、order processing
A.timing
B.power
C.firing order
D.dead center
Consider a hardware supply warehouse that is contractually obligated to deliver 1,000 units of a specialized fastener to a local manufacturing company each week. Each time warehouse places an order for these items from its supplier, an ordering and transportation fee of $20 is charged to the warehouse. The warehouse pays $1.00 for each fastener. Annual holding cost is 25 percent of inventory value, or $0.25 per year. The warehouse manager would like to know how much to order when inventory gets to zero (assuming the manufacturing plant operates for 50 weeks a year). Please answer the following questions: (Please write formulas to get the results) Demand D(per year) = Fixed setup cost K = Inventory holding cost h per item per time unit, h = Economic Order Quantity Q* = Number of orders per unit time = Length of order cycle (cycle time) = Total cost per unit time =
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