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Management Studies

My School Notebook Company uses 110,000 pounds of plastic pellets per year in the production of their custom 3-ring school binders.

They buy the pellets at a cost of $0.75/lb delivered. They estimate that it costs them $60 to place and put away an order of pellets.

They use an inventory holding rate of 10% of the cost of an item. Calculate the economic order quantity for plastic pellets for My School Notebook.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92785032

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