Question: ( a ) What are the optimal order quantity and the total inventory cost for Cyclorama given the data? ( b ) Rob is optimistic
a What are the optimal order quantity and the total inventory cost for Cyclorama given the data?
b Rob is optimistic about future demand. If annual demand becomes frames, what is the impact on the optimal order quantity?
c What is the impact if the annual demand is frames?
d In general, what happens to the order quantity and total inventory cost as demand increases?
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