Question: Saved Help Save & Exit Submit ation-Part1 A retailer has an EOQ = 570 and a safety stock of 22 to maintain a service rate

Saved Help Save & Exit Submit ation-Part1 A
Saved Help Save & Exit Submit ation-Part1 A retailer has an EOQ = 570 and a safety stock of 22 to maintain a service rate of 95%. The holding cost h, is $ 1.5 per unit per year. The setup or ordering cost, S is $123. Answer the following: (1) The increase in annual holding cost due to safety stock is = $ (2) The total cost of inventory management including that of safety stock = $

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