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A certain type of computer costs $1,000, and the annual holding cost is 25% of the value of the item. Annual demand is 10,000 units, and the order cost is $150 per order. What is the approximate economic order quantity? The answer that is posted is incorrect. The answer should be 110, does anyone have a way to do this problem correctly?
A random sample has mean height of 80 boys, who participated in the athletic competition was 167 cm with a standard deviation of 9 cm. The mean height of the 160 boys who did
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Your firm is contemplating the purchase of a new $605,000 computer-based order entry system. The system will be depreciated straight-line to zero over its five-year life. It w
To be considered substantive, your reply should add significantly to the discussion by building on others' comments, pointing out similarities or differences in your backgro
Inventory holding or carrying cost is $100 per disk drive per quarter. The holding cost is based on the inventory at the end of each quarter - plant of Computer Products produ
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Dunstreet's Department Store would like to develop an inventory ordering policy of a 90 percent probability of not stocking out. To illustrate your recommended procedure, use
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