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Business, 21.06.2020 04:57 cwsmith8026
Maverick law office currently orders ink refills 120 units at a time. The firm estimates that carrying cost is 40% of the $10 unit cost and that annual demand is about 480 units per year. The assumptions of the basic EOQ model are thought to apply. For what value of ordering cost would its current action (order quantity) be optimal?
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Maverick law office currently orders ink refills 120 units at a time. The firm estimates that carryi...
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