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Jazz, Inc. uses 40,000 plastics per year. On average, plastics cost Php12, and the annual of carrying one in inventory is Php1.50. The cost to
Jazz, Inc. uses 40,000 plastics per year. On average, plastics cost Php12, and the annual of carrying one in inventory is Php1.50. The cost to place an order is Php50. Based on this information, what is Jazz's annual ordering cost for purchasing plastics if they observe the EOQ model?
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Operations Management in the Supply Chain Decisions and Cases
Authors: Roger Schroeder, M. Johnny Rungtusanatham, Susan Goldstein
6th edition
73525243, 978-0073525242
