X has a demand for 1,000 units a year. The cost of a unit is $50. It costs X $40 to place an order a
Question: The cost for Ken to order wood is $25 and the carrying cost is 25% of the unit cost. Ken and PW, his competitor, receive wood in loads that cost $100 per load. Ken knows that PW orders in quantities of 4,000 loads at a time. Ken also knows that 4,000 loads is PW’s EOQ. What is the annual demand of wood for PW?
Price: $2.99
Answer: The answer consists of 1 page
Type of Deliverable: Word Document
Type of Deliverable: Word Document
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