Vender cost , Strategic Management

Items purchased from a vender cost $20 every, and the forecast for the next year's require is 1,000 units.  The cost of placing an order is estimated to be $5 each time an order is placed.  Storage costs are $4 per unit /year.  What quantity should be ordered to minimize inventory related costs?    

Posted Date: 3/25/2013 4:04:34 AM | Location : United States







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