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Business, 18.03.2021 01:10 jamayas2453

Suppose that it costs MCC $0.30 per day in holding costs for each monitor in beginning inventory, and it costs $20 to place an order. Each monitor sold generates a profit of $45, and each lost sale results in an opportunity cost of $65 (including the lost profit of $45 and $20 in lost goodwill). Required:
Make a spreadsheet to determine the reorder point and order quantity that maximize the average monthly profit associated with this monitor.

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Suppose that it costs MCC $0.30 per day in holding costs for each monitor in beginning inventory, an...

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