How should their optimal order quantity change

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1. Considering the speed with which today’s business world changes and what you have read from the book, which of the following is likely to produce a better result and why: more effort on coming up with the right decision or more effort on implementation a decision well? Use an example from the real world or your personal experience to support your answer.

2. CY-Sport Store also sells cross-country skiing equipment. The demand for cross-country skis is expected to increase by 20% this year. Given the icnrease demand, CY-Sports Store expects that it will be able to negotiate a 6% reduction in unit cost. How should their optimal order quantity (EQO) change? (Please show numbers and work)

Reference no: EM132224072

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