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book Managing Operations Across the Supply Chain 1st Edition by Morgan Swink,Steven Melnyk,Bixby Cooper, Janet Hartley cover

Managing Operations Across the Supply Chain 1st Edition by Morgan Swink,Steven Melnyk,Bixby Cooper, Janet Hartley

Edition 1ISBN: 978-0077426903
book Managing Operations Across the Supply Chain 1st Edition by Morgan Swink,Steven Melnyk,Bixby Cooper, Janet Hartley cover

Managing Operations Across the Supply Chain 1st Edition by Morgan Swink,Steven Melnyk,Bixby Cooper, Janet Hartley

Edition 1ISBN: 978-0077426903
Exercise 3
The supplier in the above scenario now decides to offer a volume discount.They will sell the crystal figurines at $8 per unit for orders of 250 units or more.Answer the same set of questions.
(In Reference Set of questions)
a.How many units should the firm order each time? Assume there is no uncertainty at all about the demand or the lead time.
b.How many orders will they place in a year?
c.What is the average inventory?
d.What is the annual ordering cost?
e.What is the annual inventory carrying cost?
Explanation
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The economic order quantity formulation ...

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Managing Operations Across the Supply Chain 1st Edition by Morgan Swink,Steven Melnyk,Bixby Cooper, Janet Hartley
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