Question: he materials manager for a billiard ball maker must periodically place orders for resin, one of the raw materials used in producing billiard balls. She
he materials manager for a billiard ball maker must periodically place orders for resin, one of the raw materials used in producing billiard balls. She knows that manufacturing uses resin at a rate of kilograms each day, and that it costs $ per day to carry a kilogram of resin in inventory. She also knows that the order costs for resin are $ per order, and that the lead time for delivery is four days. What is the economic order quantity for resin?
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