Assume that you are the owner of the sporting goods store used in the example of economic
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Assume that you are the owner of the sporting goods store used in the example of economic order quantity inventory control You typically sell 14,500 sweatshirts per year. Your ordering costs are $10 per order. Holding costs are $0.60 per sweatshirt per year. What is your EOQ for sweatshirts? How many sweatshirt orders would you place per year?
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Thorough explanation The EOQ for sweatshirts is 2828 This means that the optimal ...View the full answer
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Labindao Antoque
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Related Book For
Small Business Management Entrepreneurship And Beyond
ISBN: 9781285866383
6th Edition
Authors: Timothy S. Hatten
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