Assume that the holding cost of inventory at Macys is 35% per year. Assume further that Macys

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Assume that the holding cost of inventory at Macy’s is 35% per year. Assume further that Macy’s turns its inventory 3 times per year. How much does it cost Macy’s to hold a dress that it purchased for $50? Show your calculations.

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Operations Management

ISBN: 9781260547610

2nd International Edition

Authors: Gerard Cachon, Christian Terwiesch

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Posted Date: Mar 11, 2024 10:11 PM

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Assume that the holding cost of inventory at Macys is 35% per year. Assume further that Macys

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Operations Management

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