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11 Jun 2020
Inventory Cost
The cost of inventory C depends on the ordering and storage costs according to the inventory model
Determine the order size that will minimize the cost, assuming that sales occur at a constant rate, Q is the number of units sold per year, r is the cost of storing one unit for one year, s is the cost of placing an order, and x is the number of units per order.
Inventory Cost
The cost of inventory C depends on the ordering and storage costs according to the inventory model
Determine the order size that will minimize the cost, assuming that sales occur at a constant rate, Q is the number of units sold per year, r is the cost of storing one unit for one year, s is the cost of placing an order, and x is the number of units per order.
Rico Jay LaxaLv10
23 Jul 2020