Supermedicosupplies.com is an internet supplier of medical equipment. One of its most profitable lines is the thunderer
Question:
Supermedicosupplies.com is an internet supplier of medical equipment. One of its most profitable lines is the ‘thunderer’ stethoscope. Demand for this product is 15,000 per year, the cost of holding the product is estimated to be €25 per year and the cost of placing an order €75. How many stethoscopes should the company order at a time?
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To determine the optimal order quantity for the thunderer stethoscopes you can use the Ec...View the full answer
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