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This document contains information about two inventory management problems - a coffeehouse that sells Colombian coffee, and a beer distributor. For the coffeehouse: [1] The optimal order quantity is 229 pounds of coffee, with orders placed every 298.5 days. [2] The annual holding and ordering costs are $54.96 and $110.04 respectively, for a total of $165. For the beer distributor: [1] The optimal order quantity is 707 cases per year (223 cases per week). [2] The order cycle time is 7.07 weeks (2.23 week

Author

Abhilash Bollam

Language

EN