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M Q1 Venue has the following gross requirem ents: Setup cost or Ks. 200 , inventory holding cost of Rs.6 per unit per week. There

M Q1

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Venue has the following gross requirem ents: Setup cost or Ks. 200 , inventory holding cost of Rs.6 per unit per week. There is no beginning inventory and there are no scheduled receipts. The demand pattern is expected to continue for the remainder of the year. Which is cheaper: lot-for-lot or fixed order of 60 ? [4]

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