An appliance store sells plasma TVs. The annual demand is estimated at 1,000 units. The cost to

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An appliance store sells plasma TVs. The annual demand is estimated at 1,000 units. The cost to carry a TV in inventory for one year is $500, and the cost to place an order for plasma TVs is $400. Answer the following questions:

How many TVs should be ordered each time an order is placed?
How many orders per year should be placed?
What are the annual inventory and ordering costs?

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Microsoft Excel Data Analysis And Business Modeling

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Authors: Wayne Winston

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An appliance store sells plasma TVs. The annual demand is estimated at 1,000 units. The cost to

Question:

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To determine the optimal order quantity and number of orders we can use the economic order quantity ...View the full answer

Microsoft Excel Data Analysis And Business Modeling

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