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I want correct answer with explanation... I'll upvote you... 3 pts Question 4 Dan's Cat Cafe needs to stock cat food for the cats at
I want correct answer with explanation...
I'll upvote you...
3 pts Question 4 Dan's Cat Cafe needs to stock cat food for the cats at the cafe. Thankfully because Dan's cats are on a regimented diet, cat food demand is known with certainty and their supplier consistently delivers on-time. Below is a table of information related to demand and Dan's cat food supplier: Max. Weeks per Ordering Demand Holding Cost Lead Time Unit Cost Inventory Year Cost Size 6 bags per $10.01 per $0.36 per unit 1.5 weeks $15 21.750 bags 52 week order per year Using the optimum order quantity that minimizes holding and ordering costs, report the total annual costs, rounding to the nearest cent. Do not include materials costsStep by Step Solution
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