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Scenario 9.4 Consider the Following Data for an Independent-Demand Item Maintained by Maintained

question 58

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Scenario 9.4
Consider the following data for an independent-demand item maintained by Vicki Crittenden,the proprietor of a local auto repair shop:
Weekly demand = 50 units
Ordering cost = $8/order
Holding cost = $4/unit/year
Weeks in a year = 50
-Use the information in Scenario 9.4.If Crittenden uses the EOQ model,how frequently must she place orders for this item?


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