Answered: 09. Consider the economic order…

09. Consider the economic order quantity, with demand of 1650 unit per month (30 days), setup cost of $505, holding cost of $43 per unit per year, what is the time between order? 4.20 4.04 3.76

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter5: Investment Decisions: Look Ahead And Reason Back

Section: Chapter Questions

Problem 7MC

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Question

09. Consider the economic order quantity, with demand of 1650 unit per month
(30 days), setup cost of $505, holding cost of $43 per unit per year, what is the
time between order?
4.20
4.04
3.76
3.64
3.58

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