A hospital has a monthly demand for 120 chemotherapy kits at a cost of $11,000 per kit.

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A hospital has a monthly demand for 120 chemotherapy kits at a cost of $11,000 per kit. The holding cost is 27%. Calculate Q (optimal lot size) given that the average flow time is 6 days.

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Managerial Economics

ISBN: 978-0133020267

7th edition

Authors: Paul Keat, Philip K Young, Steve Erfle

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Posted Date: Jun 01, 2020 07:10 AM

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A hospital has a monthly demand for 120 chemotherapy kits at a cost of $11,000 per kit.

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Managerial Economics

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