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Business, 06.07.2019 03:20 michaelsoupios

The manager of the quick stop corner convenience store (which never closes) sells four cases of stein beer each day. order costs are $8.00 per order, and stein beer costs $.80 per six-pack (each case of stein beer contains four six-packs). orders arrive three days from the time they are placed. daily holding costs are equal to 5 percent of the cost of the beer. if he were to order 16 cases of stein beer at a time, what would be the average inventory level?
a. 0.25 days
b. 3 days
c. 1 day
d. 4 days
e. 20 days

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