Question: 1. Use the available data to develop inventory policies (order quantities and reorder points) for products IP205 and 1P765. Assume that the holding cost is
1. Use the available data to develop inventory policies (order quantities and reorder points) for products IP205 and 1P765. Assume that the holding cost is 15% of unit price. 2. Compare the inventory costs associated with your suggested order quantities with those of the current order quantities. What can you conclude
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