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Given the following data, solve for the Economic Order Quantity time requested beow:
Data:
PLumbing Supplies Inc. sells 2,500 bathroom sinks per month
Plumbing Supplies Inc. purchases 5,000 bathroom sinks per order
Lead time to receive an order 12 days.
Cost to place an order is $30
Annual cost to hold one sink in inventory is $5.75
Question: Under its present policy of purchasing 5,000 sinks per order, what is Plumbing Supplies total annual inventory cost?
Calculate the Economic Order Quantity for Plumbing Supplies Inc.
Does the production technology exhibit increasing/decreasing/constant returns to scale.
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Lisa plans to retire on her 61st birthday. On her 22nd birthday, Lisa will start savin $A per year for 40 years. Starting on her 62nd birthday, Lisa plans on withdrawing $10000 and will continue these annual with drawls until the account is exhausted..
The Road Runner Club contributes money to Senator Sly's reelection campaign fund, and Senator Sly helps pass legislation to add more jogging paths across the state
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