Question: 1. The demand for a commodity is 40,000 units a year, at a steady rate. It costs 20 to place an order, and 40p to

1. The demand for a commodity is 40,000 units a year, at a steady rate. It costs Â¢20 to place an order, and 40p to hold a unit for a year. Find: a) the order size to minimise stock costs ...

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