How many cases should doc order each time, Operation Management

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How many cases should doc order each time

Doc's bar serves lots of beer, but also carries fine single malt whiskeys. He estimates his annual demand for a certain whiskey to be 1000 cases (he sells a lot of whiskey). His estimated cost to carry one case of whiskey is $52 dollars per case per year. He estimates that it costs $21 to place a whiskey order. How many cases should doc order each time he places an order?

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Operation Management: How many cases should doc order each time

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Operation Management: How many cases should doc order each time

Reference No:- TGS079716

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Recent Questions Asked Operation Management

Q : Merchandise inventory balance will appear

Q : What are the different types of groups

Q : Compute the total cost of job a 45

Q : How do you find credit

Q : How many cases should doc order each time

Q : What was the beginning cash balance

Q : You want to make sure that rows in the sales

Q : What is best estimate of the company''s net operating income

Q : Determine annual cost of ordering and carrying cloth

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Request for Solution File

Ask an Expert for Answer!!

Operation Management: How many cases should doc order each time

Reference No:- TGS079716

Recent Questions Asked Operation Management

Q : Merchandise inventory balance will appear

Q : What are the different types of groups

Q : Compute the total cost of job a 45

Q : How do you find credit

Q : How many cases should doc order each time

Q : What was the beginning cash balance

Q : You want to make sure that rows in the sales

Q : What is best estimate of the company''s net operating income

Q : Determine annual cost of ordering and carrying cloth

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