How frequently should i place an order to make an $1,000,000. I can't provide much info. before
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How frequently should i place an order to make an $1,000,000. I can't provide much info. before I start the simulation.
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• Revenue Costs DECISION POINT Cost/Revenue ($) 100 75 50 25 0 INVENTORY MANAGEMENT SIMULATION ● Inventory 40 30 20 10 123456 Total Units Sold Total Pro Place New Order Place An Order for Amulet 1.0 -Order Size- 50 You can place a maximum order of 4,000 units in multiples of 50. The larger your order, the higher your holding costs. However, smaller orders mean more frequent re-ordering costs. Units Cost Per Unit: Purchase Cost: Shipping Fee: Total Cost: $95 $4,750 DOSS Satisfactio Hmmmm $10,750 PLACE ORDER & START SIMULATION PLACE ORDER O Normal shipping (5 days) - $6,000 CLOSE CLOSE • Revenue Costs DECISION POINT Cost/Revenue ($) 100 75 50 25 0 INVENTORY MANAGEMENT SIMULATION ● Inventory 40 30 20 10 123456 Total Units Sold Total Pro Place New Order Place An Order for Amulet 1.0 -Order Size- 50 You can place a maximum order of 4,000 units in multiples of 50. The larger your order, the higher your holding costs. However, smaller orders mean more frequent re-ordering costs. Units Cost Per Unit: Purchase Cost: Shipping Fee: Total Cost: $95 $4,750 DOSS Satisfactio Hmmmm $10,750 PLACE ORDER & START SIMULATION PLACE ORDER O Normal shipping (5 days) - $6,000 CLOSE CLOSE
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The answer is below provided step by step manner Target Profit 1 it is the desired profit that a business whats to achieve in an accounting period The conventional approach is to set budgets and compa... View the full answer
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