Business
Business, 10.04.2020 17:48, maiacheerz

A toy manufacturer uses approximately 32,000 silicon chips annually. The chips are used at a steady rate during the 240 days a year that the plant operates. Annual holding cost is $3 per silicon chip. The optimal ordering quantity is 1600 chips per order. a. What is the total annual carrying cost under the optimal inventory management policy?

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A toy manufacturer uses approximately 32,000 silicon chips annually. The chips are used at a steady...

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