Illustrate what does it mean to take a systems view

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Q. Illustrate what does it mean to take a systems view of a project? Elucidate how does taking a systems view of a project apply to project management?

Q. Ray's Satellite Emporium wishes to determine best order size for its best-selling satellite dish (model TS111). Ray has estimated annual demand for this model at 1,000 units. His cost to carry one unit is $100 per year per unit; also he has estimated which each order costs $25 to place. Using EOQ model, elucidate how many should Ray order each time?

Reference no: EM1377247

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Illustrate what does it mean to take a systems view : Illustrate what does it mean to take a systems view of a project. Elucidate how does taking a systems view of a project apply to project management.

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