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takemeaway takemeaway
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7 years ago
An assistant manager is reviewing the costs associated with the store's best-selling product. The data available follows.

   Demand = 500 units/year
   Order cost = $40/order
   Holding cost = $7/unit/year

a.   What would be the EOQ and its associated ordering and holding costs?
b.   If annual demand doubles and all other costs remain the same, what is the new EOQ and total annual cost?
Textbook 
Operations Management: Processes and Supply Chains

Operations Management: Processes and Supply Chains


Edition: 11th
Authors:
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DreaminDreamin
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#1
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7 years ago
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takemeaway Author
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#2
7 years ago
Problem solved, many thanks
wrote...
#3
7 years ago
thanks for the feedback!

Happy to help
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#4
4 years ago
x
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#5
3 years ago
thank you
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#6
3 years ago
x
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#7
3 years ago
tks
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#8
3 years ago
tks
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#9
2 years ago
Thank you so much!
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