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1. The annual demand for a product is 8,000 units. The order cost is $30 for a single order. The cost of the item is $10 and the holding cost has been calculated at $3 to carry one item in stock for one year.
Calculate:
(a) The optimum order quantity
(b) The number of orders to be placed annually and
(c) The overall costs.
Supply Chain Strategies In this second section of the chapter we consider: 1. Breadth of supplier base - many or few suppliers? 2. Vertically integrated or virtual or
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1. From an international cultural perspective, how much of an impact is on the timely decision making and control processes can there be when there is a difference in national and
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