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Given the following information: Weekly Demand is 150 units, Lead time is 4 weeks, Variance of demand per Lead Time is 4 units, ordering
Given the following information: Weekly Demand is 150 units, Lead time is 4 weeks, Variance of demand per Lead Time is 4 units, ordering cost is $10 per order, holding cost is 5% per unit per months, Cost of item is $40, The company is currently operating 50 weeks per year. Compute the Total Variable Cost using the Optimal Quantity. O$542 O$100 O$350 O$410 O$450
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Understanding Management
Authors: Richard L Daft, Dorothy Marcic
6th Edition
9780324581782, 324581785, 978-0324568387
