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Problem:

Full Court Press: FCP, Inc. buys slick paper in 1500 pound rolls for textbook printing. Annual demand is 1920 rolls. The cost per roll is $1000, and the annual holding cost is 15 percent of the cost. The ordering costs are $250 per order. Optimal total cost of inventory (excluding cost of item) is? Solve the problem and show all work.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91168858

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