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The weekly demand of a firm for a product is 200 units. The company pays 200 TL for each product. The cost of placing an
The weekly demand of a firm for a product is 200 units. The company pays 200 TL for each product. The cost of placing an order is 1600 lira for one batch. Since there is no holding and the cost of waiting for the product in stock for a week is 4 TL, find the economic order quantity and calculate the total cost
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Quantitative Methods For Business
Authors: Donald Waters
5th Edition
273739476, 978-0273739470
