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Fronx has the following gross requirements: Other data for this scenario include setup cost of Rs.150, inventory holding cost of Rs. 3 per unit per
Fronx has the following gross requirements: Other data for this scenario include setup cost of Rs.150, inventory holding cost of Rs. 3 per unit per week. There is no beginning inventory; there are no scheduled receipts. The usage pattern is expected to continue for the remainder of the year. Which is cheaper: lot-for-lot or fixed order of 50? [4]
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