SOLVE 1. SaveMart needs 1000 coffee makers per year. Ordering cost is $100 per order. Carrying...
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SOLVE 1. SaveMart needs 1000 coffee makers per year. Ordering cost is $100 per order. Carrying cost is $31. SaveMart is open 365 days/yr. What is the optimal order quantity (EOQ)? " How many times per year does the store reorder? What is the length of an order cycle? What is the total annual cost if the EOQ is ordered? SOLVE 1. SaveMart needs 1000 coffee makers per year. Ordering cost is $100 per order. Carrying cost is $31. SaveMart is open 365 days/yr. What is the optimal order quantity (EOQ)? " How many times per year does the store reorder? What is the length of an order cycle? What is the total annual cost if the EOQ is ordered?
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