Question: Consider the same retail environment as above. Assume that the retail shop has two types of consoles. The first type has Demand = 1 4

Consider the same retail environment as above. Assume that the retail shop has two types of consoles. The first type has
Demand =1400 per year; Cost per unit = $400; holding cost =10% of the unit cost/per year; Ordering cost = $600 per order
The second type has
Demand =1000 per year; Cost per unit = $500; holding cost =10% of the unit cost/per year; Ordering cost = $600 per order

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