Regional division of a national retailer, Business Management

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Regional division of a national retailer

Demand for a popular athletic shoe is nearly constant at 800 pairs per week for a regional division of a national retailer. The cost per pair is $54. It costs $72 to place an order, and annual holding costs are charged at 22% of the cost per unit. The lead time is two weeks.

a. What is the EOQ?

b. What is the reorder point?

c. What is the cycle time?

d. What is the total annual cost?

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Business Management: Regional division of a national retailer

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Business Management: Regional division of a national retailer

Reference No:- TGS0109017

Have a Question? (oR Write a Review)

Recent Questions Asked Business Management

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Request for Solution File

Ask an Expert for Answer!!

Business Management: Regional division of a national retailer

Reference No:- TGS0109017

Recent Questions Asked Business Management

Q : Dis-intermediation and re-intermediation

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