What ordering policy will you suggest in order to minimize

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Question: An MRP schedule gives the following pattern of demand for an item. The reorder cost is $300 and the holding cost is $1 a week.

Week	1	2	3	4	5	6
Demand	50	60	90	70	30	100

What ordering policy will you suggest in order to minimize the total cost? (hint: fixed-order quantity policy. periodic review policy. or batching-rule policy)

Reference no: EM133688446

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