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SVC need 15 tons a month. regardless of amount ordered each time fixed cost is $300. Holding cost is 25% CAlcualte the lot size (Q)
SVC need 15 tons a month. regardless of amount ordered each time fixed cost is $300. Holding cost is 25%
CAlcualte the lot size (Q) and the total annual cost given c= $4,500 per ton
Order quantity 0-9.99 tons = $4500
10- 17.99 = $3,000
18 or more = $1250
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