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Demand for a product is 3200 units per quarter. Each order has a fixed cost of 2500 TL. Annual holding cost per product i s
Demand
for
a product is 3200 units per
quarter.
Each order
has
a fixed cost
of
2500 TL. Annual
holding cost per product i
s 80 TL
. Calculate:
a)
number of products that the company should
order
b)
average inventory
c)
number of orders per year
d)
expected time between orders
e)
total
relevant
cost
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