Business, 14.06.2021 14:00 pandagorwar

Demand for a product is 500 units per month. The company incurs a fixed order placement, transportation, and receiving cost of 4,000 each time an order is placed. Each cycle costs 500 and the retailer has a holding cost of 20 percent. Evaluate the number of products that the store manager should order in each replenishment lot?

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Demand for a product is 500 units per month. The company incurs a fixed order placement, transportat...

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