Explain reasons for a company to keep inventory

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1. How did the Cold War affect the growth of technology in the United States and the USSR? Cite specific instances where new technology emerged as a result of the conflict with the U.S. and the Soviet Union.

2. An SKU has an annual demand of 10,000 units, each costing $10, ordering costs are $200 per order, and the cost of carrying inventory is 20%. Calculate the EOQ in units and then convert to dollars.

3. Explain reasons for a company to keep inventory

4. Describe the following inventory problems and policies briefly ?

a. Newsvendor Problem

b. Continuous Review Inventory Policy

c. Periodic Review Inventory Policy

Reference no: EM131433497

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