Question: Consider the Music Mania problem described in Problem 10-27. (a) Music Mania would like to evaluate ordering 250, 300, 350, and 400 MP3 players when
Consider the Music Mania problem described in Problem 10-27.
(a) Music Mania would like to evaluate ordering 250, 300, 350, and 400 MP3 players when the reorder point of 80 is reached. Based on the average total quarterly cost, which order quantity would you recommend?
(b) Music Mania would like to evaluate reorder points of 60, 80, and 100 MP3 players, with an order quantity of 300 players. Based on the average total cost for the quarter, which reorder point would you recommend?
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