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Business, 17.06.2020 20:57 emmakatemashbu

George Heinrich uses 1,500 per year of a certain sub-assembly that has an annual holding cost of $45 per unit. Each order placed costs George $150. He operates 300 days per year and has found that an order must be placed with his supplier 6 working days before he can expect to receive that order. For this sub-assembly, find: a. the economic order quantity.
b. the annual holding cost.
c. the annual ordering cost.
d. the reorder point.

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