Question: The lead time to order iPhone7 from Apple is 3 weeks in Macao. The demand in two consumer electronics companies owned by Mr. Stanley Ho
The lead time to order iPhone7 from Apple is 3 weeks in Macao. The demand in two consumer electronics companies owned by Mr. Stanley Ho as follows. Illustrate how the two companies can co-operate to reduce the total annual inventory cost, given the order cost is USD 2000 and the holding cost is USD 2.00 per unit per week. State all your assumptions carefully.
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