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Business, 25.02.2020 03:25 Nathanr23

A toy manufacturer uses approximately 32,000 silicon chips annually. The chips are used at a steady rate during the 240 days a year that the plant operates. Annual holding cost is $ 12 per silicon chip. The optimal ordering quantity is 4066 chips per order. What is the assumed ordering cost, i. e. S?

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A toy manufacturer uses approximately 32,000 silicon chips annually. The chips are used at a steady...
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