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A product has a demand of 4000 units per year. Ordering cost is $20, and holding cost is $4 per unit per year. If the
A product has a demand of 4000 units per year. Ordering cost is $20, and holding cost is $4 per unit per year. If the lead-time doubles from 2 days to 4 days, what is the impact to the economic order quantity? Why?
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