The operations manager for shadyside savings & loan orders cash from her home office for her very popular "big bucks" automated teller machine, which only dispenses $100 bills. she estimates that this machine dispenses an average of 12,500 bills per month, and that carrying a bill in inventory costs 10 percent of its value annually. she knows that each order for these bills costs $300 for clerical and armored car delivery costs, and that order lead time is six days.8. assuming a thirty-day month, at what point should bills be reordered? a. 0 billsb. 417 billsc. 2,500 billsd. 10,000 bills9. assuming a thirty-day month if she were to order 6,000 bills at a time, what would be the day value between orders? a. 2.08 daysb. 6 daysc. 8.4 daysd. 14.4 days10. what is the economic order quantity? a. 600 billsb. 949 billsc. 3,000 billsd. 6,215 bills11. what are the annual ordering costs at the economic order quantity? a. $10,000b. $15,000c. $25,000d. $30,000
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The operations manager for shadyside savings & loan orders cash from her home office for her ve...