Multiple Choice
A product has demand of 4000 units per year. Ordering cost is $20 and holding cost is $4 per unit per year. The cost-minimizing solution for this product is to order
A) all 4000 units at one time
B) 200 units per order
C) every 20 days
D) 10 times per year
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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