Question: 6 . Demand for an item is equal to 4 0 units / week . The item is purchased from a supplier at a cost

6. Demand for an item is equal to 40 units/week. The item is purchased from a supplier at a cost of $2.50/unit, and the order cost is $80/order. At present 600 units are ordered at a time. If the annual holding cost is 18% of item cost and the item is sold 50 weeks/year, consider the following.

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