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Demand is 1,000 units/year. Placing an order costs $10 (K). The annual cost to carry(h) items is $2/each. In what quantities should the item
Demand is 1,000 units/year. Placing an order costs $10 (K). The annual cost to carry(h) items is $2/each. In what quantities should the item be ordered? a. Find EOQ Optimal b. Find the Total Annual Inventory Cost (TC) c. If Lead time is 4 days, what is ROP Quantity?
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