Course Solutions Uncategorized (Answered) : (3) Inventory Optimization Demand for refrigerators at a local Home Depot is 1,000 per year. The cost of each refrigerator to HD i

(Answered) : (3) Inventory Optimization Demand for refrigerators at a local Home Depot is 1,000 per year. The cost of each refrigerator to HD i

(3) Inventory Optimization Demand for refrigerators at a local Home Depot is 1,000 per year. The cost of each refrigerator to HD is $300, and the holding cost is 3% per year. There is a fixed cost of $50 per order, regardless of size, to cover processing. # of refrigerators (3a) What is the Economic Order Quantity? (3b) t takes two weeks from time of order for a new refridgerator to be delivered to HD, and the coefficient of variation on demand for refrigerators is 30%. If HD’s target Custormer Service Level (CSL) is 90%, what is the Reorder Point

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