If the goal of YETI is to deliver high-quality, long-lasting, and unique products to loyal customers, then YETI should pick suppliers based on what attribute?
Solves any basic EOQ (Economic Order Quantity) problem. WARNING! Make sure that both DEMAND and the HOLDING COST are both expressed as ANNUAL. If one of them is not annual, convert to an annual value for the solver input. Note: the letter S = order cost. The cost-minimizing quantity is the “number to order each time”. Also provides average inventory and number of orders each year.
Your numbers will vary.
Asks effect of increasing service level
Asks which apply to POQ and not EOQ.