Question: 24. EOQ example: A PC assembly operation procures its 128mb memory chips at $45 each (purchase + shipment cost) from a foreign vendor, in addition

24. EOQ example: A PC assembly operation procures its 128mb memory chips at $45 each (purchase + shipment cost) from a foreign vendor, in addition each order also costs $500 in customs fees. Assuming a constant demand of 400 chips per week and an inventory holding cost of 45% how often would you order?

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