Explain how much more expensive would this policy

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Reference no: EM1360460

Suppose that Westside's management in Problem 4 likes the operational efficiency of or-dering once each month and in quantities of 1000 units. How much more expensive would this policy be than your EOQ recommendation? Would you recommend in favor of the 1000- unit order quantity? Explain. What would the reorder point be if the 1000- unit quan-tity were acceptable?

Reference no: EM1360460

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