Inventory levels for Remi are currently held at $400,000 and have been increasing at a rate of
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Inventory levels for Remi are currently held at $400,000 and have been increasing at a rate of 6% over the past 10 years. In order to hold down inventory costs, Remi has decided that if they exceed $530,000 in five years alternative methods must be used to satisfy customer demand in a timely manner. What is your conclusion?
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Based on the information provided Remis inventory situation presents a challenge and they need to co...View the full answer
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Related Book For 
Introductory Regression Analysis With Computer Application For Business And Economics
ISBN: 9780415899338
1st Edition
Authors: Allen Webster
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