23. Suppose you own a fashion store in Key West, Florida. The sale of sunglasses is...
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23. Suppose you own a fashion store in Key West, Florida. The sale of sunglasses is steady throughout a year. The annual demand is 900 pairs. The ordering cost is $120 each time. A pair of sunglass costs you $100. The annual percentage inventory holding cost is 15%. Assume that the EOQ model applies. How many. orders should you place per year, on average? 23. Suppose you own a fashion store in Key West, Florida. The sale of sunglasses is steady throughout a year. The annual demand is 900 pairs. The ordering cost is $120 each time. A pair of sunglass costs you $100. The annual percentage inventory holding cost is 15%. Assume that the EOQ model applies. How many. orders should you place per year, on average?
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Related Book For
Cost Management Measuring Monitoring and Motivating Performance
ISBN: 978-0470769423
2nd edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott
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