Mark Achin sells 3,600 electric motors each year. The cost of these is $200 each, and demand is cons
Question: 1 Mark Achin sells 3,600 electric motors each year. The cost of these is $200 each, and demand is constant throughout the year. The cost of placing an order is $40, while the holding cost is $20 per unit per year. How many units should Mark order to minimize total inventory costs for the year?
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Answer: The downloadable solution consists of 2 pages
Solution Format: Word Document
Solution Format: Word Document
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