Xemex has collected the following inventory data for the six items that it stocks: Lynn Robinson, Xemexs
Question:
Lynn Robinson, Xemexs inventory manager, does not feel that all of the items can be controlled. What ordered quantities do you recommend for which inventoryproduct(s)?
Transcribed Image Text:
UNIT ANNUAL CARRYING COST ITEM COST DEMAND ORDERING AS A PERCENTAGE CODE (UNITS COST S OF UNIT COST 10.60 600 2 .00 450 3 2.25 500 4 150.00 560 4.00540 4.10 490 40 50 40 35 40 20 25 15 15 16 17
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Item 4 should be carefully controlled The other items ...View the full answer
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HRISHIKESH K
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Related Book For
Quantitative Analysis for Management
ISBN: 978-0132149112
11th Edition
Authors: Barry render, Ralph m. stair, Michael e. Hanna
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