Matthew liotines dream store sells water beds and assorted, Ask an Expert

Management Studies

Matthew Liotine's Dream Store sells water beds and assorted supplies. His best-selling bed has an annual demand of 395 units. Ordering cost is $35; holding cost is $5 per unit per year.

a) To minmize the total cost, how many units should be ordered each time an order is placed?

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Operation Management, Management Studies

Category:- Operation Management
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