Question: Return to the example where an NGO orders blankets. Remember, in the previous calculations: Q * * = 8 1 6 5 and Total Cost
Return to the example where an NGO orders blankets. Remember, in the previous calculations:
and Total Cost $
Exercise Background: A NonGovernmental Organization buys blankets from a Wholesaler at $ for each. The yearly demand for blankets is constant at units. The fixed ordering cost is $ The annual unit holding cost is $
Suppose the lead time is days. What should the inventory level be when you place your order?
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