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Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. Thomas's fastest - moving inventory
Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. Thomas's fastestmoving inventory item has a demand of units per year. The cost of each unit is $ and the inventory carrying cost is $ per unit per year. The average ordering cost is $ per order. It takes about days for an order to arrive, and the demand for week is units.This is a corporate operation, and there are working days per year
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