A Company Is Using A Carrier To Deliver Goods To A Major Customer. The Annual Demand Is $6,000,000, And The Average Transit Time Is 12 Days. Another Carrier Promises To Deliver In 8 Days. What Is The Reduction In Transit Inventory?
A company is using a carrier to deliver goods to a major customer. The annual demand is $6,000,000, and the average transit time is 12 days. Another carrier promises to deliver in 8 days. What is the reduction in transit inventory?