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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Related Book For
ISE Operations And Supply Chain Management
ISBN: 9781260575941
16th International Edition
Authors: F. Robert Jacobs, Richard B. Chase
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