In the previous problem, suppose that the cost per order is $1, and the monthly demand is

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In the previous problem, suppose that the cost per order is $1, and the monthly demand is 50 thermometers.

What is the optimal order quantity? What is the smallest discount the supplier could offer that would still be accepted by the hospital?

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Practical Management Science, Revised

ISBN: 9781118373439

3rd Edition

Authors: Wayne L Winston, S. Christian Albright

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