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Based on cost considerations as well as storage space, the company has decided to order 1 0 of these each time and order is placed.
Based on cost considerations as well as storage space, the company has decided to order of these each time and order is placed. The holding cost is $ per week for each unit that is left in inventory at the end of the week. The stockout cost has been set as $ per stockout. The company has decided to place and order whenever there are only two refrigerators left at the end of the week. Simulate weeks of operation for Dumoor Appliance assuming there are currently units in inventory. Determine what the weekly stockout cost and weekly holding cost would be for the problem.
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