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4. Demand for a best-selling CEL-phone at Jane's Electronics has been averaging 500 units a month. Jane incurs a fixed ordering, transportation, and receiving cost
4. Demand for a best-selling CEL-phone at Jane's Electronics has been averaging 500 units a month. Jane incurs a fixed ordering, transportation, and receiving cost of $3,000 each time an order is placed. Each CEL-phone costs Jane $245.00. The annual holding cost for the retailer is 20%. How many CEL-phones should the inventory planner at Jane's Electronics buy
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Hospitality Management Strategies
Authors: Ronald A Nykiel, Ronald A CHE CHA Nykiel PhD
1st Edition
0130618764, 9780130618764
