A supermarket in London sells 750 kg of rice per month from Thailand. The ordering cost is

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A supermarket in London sells 750 kg of rice per month from Thailand. The ordering cost is £250 and the holding cost is £0.75 per kg per year.
a. How much rice should the supermarket order at a time?
b. What is the time between orders?

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Operations Management Processes And Supply Chains

ISBN: 9781292409863

13th Global Edition

Authors: Lee Krajewski, Naresh Malhotra, Larry Ritzman

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Question Posted: Sep 23, 2023 04:55 AM

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A supermarket in London sells 750 kg of rice per month from Thailand. The ordering cost is

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Operations Management Processes And Supply Chains

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