Assuming the optimal order quantity of integrated circuits for a manufacturer of security timers is 1,000,and the company uses 55 circuits daily,the manufacturer should place an order approximately every 10 days.

Question

Quizplus · Accepted Answer

Given the daily usage of 55 circuits, the manufacturer would use 1,000 circuits in approximately 18.18 days (1000 / 55), not every 10 days.

Assuming the Optimal Order Quantity of Integrated Circuits for a Manufacturer