Answer to Question #3160 in Statistics and Probability for cwh
An inventory system reorders at 300 units. The ordering cost per order is $8 and the holding cost per unit is $1. Annual demand is 10,000 units. The firm currently orders 500 units per order. What is the total holding cost for the system?
From a young age, our brains develop to the world around us, the environment we live in, and the people…
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I was very happy with the results after after a misunderstanding of the instructions of the paper. i would've liked to get some graphs or charts showing me the results from Stats, but since I didn't ask for, it's fine.