Business, 30.07.2021 02:40, jayjay5246

Annual demand for an item in a company is 10000 units. Assume that the order cost for the item is $40/order and the cost of carrying the item in the inventory is 5% of the item cost. It costs the company $100 per unit to buy the item from the supplier. What is the economic order quantity for this item

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Annual demand for an item in a company is 10000 units. Assume that the order cost for the item is $4...