a. Assume you have a product with the following parameters: (5 points) Annual...
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Accounting
a Assume you have a product with the following parameters: points Annual Demand units Carrying cost per year $ per unit Order cost $ per order What is the EOQ for this product? b Given the data from previous problem, and assuming a day work year, how many orders should be processed per year? What is the Reorder point if the time taken to deliver the order is days? points c What is the total cost for the inventory policy used in problem a points
a Assume you have a product with the following parameters: points
Annual Demand units
Carrying cost per year $ per unit
Order cost $ per order
What is the EOQ for this product?
b Given the data from previous problem, and assuming a day work year, how many orders should be processed per year? What is the Reorder point if the time taken to deliver the order is days? points
c What is the total cost for the inventory policy used in problem a points
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