Business, 20.12.2019 01:31 keelynnbarrier

Item x is a standard item stocked in a company's inventory of component parts. each year the firm, on a random basis, uses about 1,600 of item x, which costs $25 each. storage costs, which include insurance and cost of capital, amount to $8 per unit of average inventory. every time an order is placed for more of item x, it costs $16.

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Item x is a standard item stocked in a company's inventory of component parts. each year the firm, o...

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