Consider the information below: Order cost = $50 Inventory carrying cost = $5/unit/week Item price = $100/unit
Question:
Order cost = $50
Inventory carrying cost = $5/unit/week
Item price = $100/unit ($95/unit if orders are issued for 80 units or more).
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a Using least unit cost LUC procedure The following is the table for determining the lot sizes for LUC procedure Per Req Cum Req Periods carried Ordering Cost Carrying cost Unit price Cum cost of unit...View the full answer
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Related Book For
Supply Chain Focused Manufacturing Planning and Control
ISBN: 978-1133586715
1st edition
Authors: W. C. Benton
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