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Creta has the following gross requirements: Setup cost of Rs.400, inventory holding cost of Rs.8 per unit per week. There is no beginning inventory and

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Creta has the following gross requirements: Setup cost of Rs.400, inventory holding cost of Rs.8 per unit per week. There is no beginning inventory and no scheduled receipts. The demand pattem is expected to continue for the remainder of the year. Which is cheaper: lot-for-lot or fixed order of 80 ? [4]

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