The supplier suggests changing to a period review system. Orders would be filled once every 30 days,
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The supplier suggests changing to a period review system. Orders would be filled once every 30 days, and a simplified ordering procedure could be set up that will reduce the order cost to $20. In addition, the supplier agrees to a 4% reduction in price (so that each unit would now cost only $6.24). Should the manager accept the supplier’s proposal?
Related Book For
Probability & Statistics for Engineers & Scientists
ISBN: 978-0130415295
7th Edition
Authors: Ronald E. Walpole, Raymond H. Myers, Sharon L. Myers, Keying
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