Demand for an item is 4000 units per year each order placed, Ask an Expert

Management Studies

Demand for an item is 4,000 units per year. Each order placed costs $22; the annual cost to carry items in inventory is $8 each. In what quantities should the item be ordered? (Round your answer to the nearest whole number.)

Optimal order quantity units

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92295292

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