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Management Studies

A soft drink bottling company expects to fill 5 million bottles over a year. It costs them $500 to have an order delivered and the cost of storage of one bottle for a year is thought to be $0.50 (based on the average number present in the factory). Plan a delivery schedule for this company to minimize the total cost of delivering and storing the bottles. (Hint: Juggle the powers of ten correctly and the arithmetic will be simple.)

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92589790

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