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Q. Illustrate what is maximum number of flower pots that are held in inventory in a given ordering cycle? Based on info below

A flower shop uses 800 clay pots a month. Pots are purchased at $2 each. Annual carrying costs are approximate d at $0.60 per pot per year and ordering costs are $20 per order. Manager has been currently using an order size of 1600 flower pots per order.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9310060

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