7. (*) KraftyCity is a large retailer that sells power tools and other hardware supplies. One of...

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7. (*) KraftyCity is a large retailer that sells power tools and other hardware supplies. One of its products is the KraftyMan workbench. Information on the workbench is as follows:

Annual demand  1,200 Holding cost  $15 per year Ordering cost  $200 per order What is the economic order quantity for the workbench?

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Introduction To Operations And Supply Chain Management

ISBN: 9780131791039

2nd Edition

Authors: Cecil C. Bozarth, Robert B. Handfield

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