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A manufacturing company purchases 54000 parts each year at 40/unit. The ordering cost is 20/order, and the holding cost is $9/unit*year. - - Find
A manufacturing company purchases 54000 parts each year at 40/unit. The ordering cost is 20/order, and the holding cost is $9/unit*year. - - Find the EOQ How many orders are needed in a year? What is R if lead time is one month? What is R if lead time is two weeks? Calculate the total & relevant annual cost.
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1 EOQ sqrt2DCoCh WHERE D DEMAND PER YEAR Co represents the cost per order whereas Ch represents the ...
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Statistics Data Analysis And Decision Modeling
Authors: James R. Evans
5th Edition
132744287, 978-0132744287
