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Scenario 11.1 - Bubble and Squeak

question 37

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Scenario 11.1 - Bubble and Squeak
The rising popularity of bubble and squeak as a breakfast item on the menu has resulted in a steady demand for peas.Over the course of the past week,457 patrons have ordered the hearty breakfast and each serving contains a half cup of English peas.It costs two cents to hold a half cup of peas in inventory for a year and $3 to place an order (remember they come all the way from England!) .It takes two weeks to ship a container from England loaded with peas.
-How many orders per year does the diner place if they order at the economic order quantity?


Definitions:

Output

Refers to the final product, service, or result produced by a process, system, or activity.

Resources

Assets, materials, and inputs that an organization or individual utilizes to conduct operations, create products, or provide services.

Work

The effort or activity directed toward the production or accomplishment of something.

Employees

Individuals who are hired by a business or organization to perform work and are typically paid wages or salaries in return for their labor.

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