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Encorre Ltd. uses 2,200 machine parts per month and then reorders another 2,200. If the relevant carrying cost per machine part is $13.50, and the
Encorre Ltd. uses 2,200 machine parts per month and then reorders another 2,200. If the relevant carrying cost per machine part is $13.50, and the fixed order cost is $1,238, is Encorre Ltd.'s inventory policy optimal? Why or why not? (6 points)
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