Lila’s brother believes that she places too many orders for screws per year. He believes that an order should be…
Lila’s brother believes that she places too many orders for screws per year. He believes that an order should be placed only twice per year. If Lila follows her brother’s policy, how much more would this cost every year over the ordering policy that she developed in Problem 6-18? If only two orders were placed each year, what effect would this have on the ROP?