Question: Inventory Worksheet Done * Question 1: A procurement officer in a computer manufacturing company is trying to decide how many units of computer chips to

Inventory Worksheet Done * Question 1: A procurement officer in a

Inventory Worksheet Done * Question 1: A procurement officer in a computer manufacturing company is trying to decide how many units of computer chips to buy. They're usually bought from a supplier that offers quantity discounts as presented in the below table: The company has an annual demand of 750 chips. It costs them $125 per order and the inventory carrying fees are 2% of the purchase cost. Calculate how many units the officer should order to minimize total inventory costs

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