1. Consider the following information about an end-product item: Ordering cost = $45/order. Average usage = 12...

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1. Consider the following information about an end-product item:

Ordering cost = $45/order.

Average usage = 12 units/week.

Inventory carrying cost = $1/unit/week.

a. How many orders should we place per year (52 weeks) to replenish inventory of the item based on average weekly demand?

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Related Book For  book-img-for-question

Manufacturing Planning And Control For Supply Chain Management

ISBN: 9780073377827

6th Edition

Authors: F. Robert Jacobs, William Berry, David Clay Whybark, Thomas Vollmann

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