Question
If Littlefield Lab operates 365 days per year with a daily demand of 20 units, the annual holding cost is 5%, the order cost
If Littlefield Lab operates 365 days per year with a daily demand of 20 units, the annual holding cost is 5%, the order cost is $100 and the cost of a raw material unit is $500, what is the optimal order quantity? 242 25 13 100
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Quantitative Analysis For Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna
11th Edition
9780132997621, 132149117, 132997622, 978-0132149112
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