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Demand for a Popular Athletic Shoe Is Nearly Constant at 800

question 10

Essay

Demand for a popular athletic shoe is nearly constant at 800 pairs per week for a regional division of a national retailer.The cost per pair is $54.It costs $72 to place an order,and annual holding costs are charged at 22% of the cost per unit.The lead time is two weeks.
a.What is the EOQ?
b.What is the reorder point?
c.What is the cycle time?
d.What is the total annual cost?

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Definitions:

Antisocial Personality Disorder

An extreme pattern of deceitful, manipulative, and sometimes dangerous behavior.

Ego-Syntonic

Denotes behaviors or values that are in harmony with one's self-image or are perceived as correct or appropriate by the individual.

Narcissistic Personality Disorder

An extreme pattern of arrogant, exploitative behavior combined with a notable lack of empathy.

Emotional Hemophilia

A metaphorical term describing individuals who have excessive emotional sensitivity and vulnerability to emotional pain.

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