.WareCo Company is determining how many orders for household appliance products. Each of these household products costs $15,000. Annual carrying costs are estimated at $. 200,000. The order fee is $10,000. WareCo expects to sell 50 units of these household appliances per month. The average inventory level is 40. How to answer the problems faced by WareCo Company?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter3: Introduction To Optimization Modeling
Section3.8: A Multiperiod Production Model
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4.WareCo Company is determining how many orders for household appliance products. Each of these household products costs $15,000. Annual carrying costs are estimated at $. 200,000. The order fee is $10,000. WareCo expects to sell 50 units of these household appliances per month. The average inventory level is 40. How to answer the problems faced by WareCo Company?

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