The uptown kiln is an importer of ceramics from overseas it, Ask an Expert

Management Studies

The Uptown Kiln is an importer of ceramics from overseas. It has arranged to purchase a particular type of ceramic pottery from a Korean artisan. The artisan makes the pottery in 120-unit batches and will ship only that exact amount. The ordering and transportation cost of a shipment is $7,600 (not including the unit cost). The Uptown Kiln estimates its annual demand to be 900 units. What holding cost per unit does it need to achieve in order to minimize its inventory cost?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93107526

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