Question: A product whose EOQ is 40 units experiences a decrease in ordering cost from $90 per order to $60 per order. The revised EOQ: decreases

A product whose EOQ is 40 units experiences a decrease in ordering cost from $90 per order to $60 per order. The revised EOQ: decreases 18% cannot be determined increases 18% increases 44% decreases 44% A firm practices a pure chase strategy. Production last quarter was 1200. Demand over the next four quarters is estimated to be 900, 700, 1100, and 1300. Every quarter's production is set at the level of the previous quarter's demand. The extra units produced are stored in a warehouse. The extra units needed are ousourced to another company. Hiring cost is $10 per unit. and layoff cost is $4, per unit. Production cost is $20 per unit, inventory cost is $10 per unit, and outsourcing cost is $5 per unit. Over the next year, what will be the sum of hiring. Tayoftproduction, inventory, and outsourcing costs

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