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1. A company has an annual demand of 75,000 and the cost to order supplies is $300 with the cost to carry inventory in storage
1. A company has an annual demand of 75,000 and the cost to order supplies is $300 with the cost to carry inventory in storage facilities is 18% of annual demand and cost the company $34 per unit. (No order size increment required) a. How much should be ordered? b. How much will it cost c. What is the cycle stock level d. How many orders should be made in 1 year
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ISE Entrepreneurship
Authors: Robert Hisrich, Michael Peters, Dean Shepherd
11th International Edition
1260565629, 1260565621, 1260564068, 1260564061, 9781260043730, 1260043738, 978-1260565621
