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Business, 08.11.2019 06:31 maxstmichel3868

4. a company makes bicycles. it produces 450 bicycles a month. it buys the tires for bicycles from a supplier at a cost of $20 per tire. the company’s inventory carrying cost is estimated to be 15% of cost and the ordering is $50 per order. calculate the economic order quantity (eoq). then from this solution, also calculate the number of orders per year, and average annual ordering cost.

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4. a company makes bicycles. it produces 450 bicycles a month. it buys the tires for bicycles from a...

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