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Problem:

If Mercedes Benz realizes that its annual demand for 500SEL model is 50,000 and their cost of order preparations is $42,000.00 and the inventory carrying cost per car per year is $3,600.00.

Required:

Question 1) What will be the Economic Order Quantity.

Solve the problem and show all work.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91162351

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