Question: Based on the above North Face retail store question, the store manager implemented a new ordering system that reduces the fixed cost of a replenishment
Based on the above North Face retail store question, the store manager implemented a new ordering system that reduces the fixed cost of a replenishment order from $ to only $ Please answer the following questions and show your calculations step by step
What is the new optimal order quantity?
What is the cycle inventory or average inventory
What is the annual ordering and holding costs?
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Annual demand
purchasing cost per unit unit
fixed ordering cost per order order
Holding rate
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