A distributor orders four products from a supplier. The fixed cost to place an order for one
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A distributor orders four products from a supplier. The fixed cost to place an order for one SKU is $23, and cost of each additional SKU added to the order is $3. The carrying cost rate is 24 percent per year. Lead time is 1 week. Assume a 50-week year. The annual demand and unit cost of the four SKDs are:
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Operations Management
ISBN: 978-0071091428
4th Canadian edition
Authors: William J Stevenson, Mehran Hojati
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