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5. Find the optimal order quantity for a product when the annual demand for the product is 500 units, the cost of storage per
5. Find the optimal order quantity for a product when the annual demand for the product is 500 units, the cost of storage per unit per year is 10% of the unit cost and ordering cost per order is $180. The unit costs are given below: (20 pts) Quantity 09:
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Operations Management Creating Value Along the Supply Chain
Authors: Roberta S. Russell, Bernard W. Taylor
7th Edition
9781118139523, 0470525908, 1118139526, 978-0470525906
