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1. Assume the following:
Fixed Ordering Cost: $100
Unit product cost to obtain: $2.00
Sell Price: $5.00
Annual holding cost: 30%
Daily demand: 50 units
Daily demand variance: 4 units
Leadtime: 4 weeks
Service level: 99%
What is the optimal order quantity?
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4. How is SWOT Analysis helps a firm to evaluate the visibility of various strategies and position itself favorably in the market place?
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