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Venue has the following gross requirem ents: Setup cost of Rs.200, inventory holding cost of Ks.o per unit per week. There is no beginning inventory
Venue has the following gross requirem ents: Setup cost of Rs.200, inventory holding cost of Ks.o per unit per week. There is no beginning inventory and there are no scheduled receipts. The demand pattem is expected to continue for the remainder of the year. Which is cheaper: lot-for-lot or fixed order of 60 ? [4]
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