Question: A company uses 50000 widgets per year which are Ksh 10 each to purchase order and holding costs are Ksh 150 per order and carrying

A company uses 50000 widgets per year which are Ksh 10 each to purchase order and holding costs are Ksh 150 per order and carrying cost are 15% purchase price p.a. Calculate Economic Order Quantity

b) Given the revenue function in dollars is R(x) = - 3x ^ 2 + 610x and the function in dollars is c(x) * 190x ^ 2 + 3100x Find the marginal profit at x = 18w

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The detailed answer for the above question is provided below a Economic Order Quantity EOQ EOQ 2 50000 150 10 015 30000 1732 Therefore the Economic Or... View full answer

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