Essay
Holding costs are $35 per unit per year,the ordering cost is $120 per order,and sales are relatively constant at 300 per month.(a)What is the optimal order quantity? (b)What are the annual holding and setup costs?
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(a)Order size is Q* = 
= 157.1...View Answer
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Correct Answer:
Verified
= 157.1...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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