XYZ is a retailer and sells 149,000 units per year. It purchases from a single supplier. Fixed
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XYZ is a retailer and sells 149,000 units per year. It purchases from a single supplier. Fixed costs per order are $930 and carrying cost is $7 per unit. How many units should XYZ purchase per order? That is, what is the Economic Order Quantity?
Related Book For
Matching Supply with Demand An Introduction to Operations Management
ISBN: 978-0073525204
3rd edition
Authors: Gerard Cachon, Christian Terwiesch
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