Question
washers plc trades in bathroom taps, the annual demand is 25,000; the cost of placing an order with the supplier is 54; the annual cost
washers plc trades in bathroom taps, the annual demand is £25,000; the cost of placing an order with the supplier is £54; the annual cost of storing each hnit is £1.80. use tge economic order quantity mode to determine how many units should be ordered each time an order is placed. show your work.
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Managerial Economics
Authors: Mark Hirschey
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