Purchases 8000 transistors each year as components in minicomputers. The unit cost of each transistor is R10,
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Purchases 8000 transistors each year as components in minicomputers. The unit cost of each transistor is R10, and the cost of carrying each single transistor in inventory for the year is R3. Ordering cost is R30 per order. Calculate the optimal order quantity, the expected number of orders placed each year, the expected time between the orders? Assuming that fisher operates a 200-day working year.
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Organizational Behavior Improving Performance and Commitment in the Workplace
ISBN: 978-0078029356
3rd edition
Authors: Jason Colquitt, Jeffery LePine, Michael Wesson
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