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The Multi Holding Corporation purchases a critical component from one of its key suppliers. The operations manager wants to determine the economic order quantity, along
The Multi Holding Corporation purchases a critical component from one of its key suppliers. The operations manager wants to determine the economic order quantity, along with when to reorder, to ensure the annual inventory cost is minimized. The following information was obtained from historical data. The following factors have been identified as critical to making a location decision among the three countries of Malaysia, China and Singapore for the company ABC. A group of functional managers has determined the factors, weight, and scores to be used in the analysis
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