Question: ABC company uses 4 different components in their production process. The existing inventory and the order upto point i . e . , the maximum
ABC company uses different components in their production process. The existing inventory and the order upto point ie the maximum inventory that they can have is given below.
Also, indicated is the cost per unit of each component and the fixed cost of ordering.
A discount of is applicable if the quantity ordered is above a threshold quantity.
The company needs to place an order for all the components. Calculate the total cost of ordering the four different components.
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