Business, 07.04.2020 20:13, izzyisawesome5232

Problem 10-05 (Algorithmic) The Metropolitan Bus Company (MBC) purchases diesel fuel from American Petroleum Supply. In addition to the fuel cost, American Petroleum Supply charges MBC $150 per order to cover the expenses of delivering and transferring the fuel to MBC's storage tanks. The lead time for a new shipment from American Petroleum is 10 days; the cost of holding a gallon of fuel in the storage tanks is $0.05 per month, or $0.6 per year; and annual fuel usage is 50,000 gallons. MBC buses operate 250 days a year. What is the optimal order quantity for MBC

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Problem 10-05 (Algorithmic) The Metropolitan Bus Company (MBC) purchases diesel fuel from American P...