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The Home and Garden ( HG ) chain of superstores imports decorative planters from Italy. Weekly demand for planters averages 1 , 5 0 0
The Home and Garden HG chain of superstores imports decorative planters from Italy. Weekly demand for planters averages with a standard deviation of Each planter costs $ HG incurs a holding cost of per year to carry inventory. HG has an opportunity to set up a superstore in the Bakersfield region. Each order shipped from Italy incurs a fixed transportation and delivery cost of $ Consider weeks in the year.
What is the optimal order quantity of planters for HG
The Home and Garden HG chain of superstores imports decorative planters from Italy. Weekly demand for planters averages with a standard deviation of Each planter costs $ HG incurs a holding cost of per year to carry inventory. HG has an opportunity to set up a superstore in the Bakersfield region. Each order shipped from Italy incurs a fixed transportation and delivery cost of $ Consider weeks in the year.
What is the optimal order quantity of planters for HG
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