Question
A retailer sells 25000 units of particular product and demand for the product is even The product cost is 12$ each from supplier Cost of
A retailer sells 25000 units of particular product and demand for the product is even
The product cost is 12$ each from supplier
Cost of placing is 20$
Cost of holding is 4$
EOQ = 500 units
what is the annual cost
Step by Step Solution
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Step: 1
Computation of annual cost of the product Annual cost Ordering cost ...
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Managing Business Process Flows Principles of Operations Management
Authors: Ravi Anupindi, Sunil Chopra, Sudhakar Deshmukh, Jan Van Mieg
3rd edition
136036376, 978-0136036371
