On an annual basis, the Hartwig Company needs 125,000 units of raw material for its operations (there
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Question:
On an annual basis, the Hartwig Company needs 125,000 units of raw material for its operations (there is no variability of demand or lead time). Ordering cost for the company is $150 per order. Holding cost for one unit of the raw material is $20 per year. What is the most appropriate order quantity (to the nearest integer) for the raw material? Correct! 1369 125,000 150 1350
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