Business
Business, 18.06.2020 17:57, nataliatf3062

1. Walmart sells 30,000 units of LG TVs every month. Each TV costs $350 and Walmart has a holding cost of 20 percent. The fixed cost for each order Walmart places with LG is $4,000. What is the optimal order size for Walmart? What is the annual holding cost of the optimal policy? How many orders per year does Walmart place? What is the annual ordering cost?

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1. Walmart sells 30,000 units of LG TVs every month. Each TV costs $350 and Walmart has a holding co...

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