Demand for an item is 1,000 units per year. Each order placed costs $10; the annual cost

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Demand for an item is 1,000 units per year. Each order placed costs $10;

the annual cost to carry items in inventory is $2 each. In what quantities should the item be ordered?

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ISE Operations And Supply Chain Management

ISBN: 9781260575941

16th International Edition

Authors: F. Robert Jacobs, Richard B. Chase

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