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What is the restocking cost

The Wheeling Pottery Store begins each month with 1200 pots in stock. This stock is depleted each month and reordered. If the carrying cost per pot is $8 per year and the fixed order cost is $90, what is the total carrying cost?

What is the restocking cost? Should Wheeling increase or decrease its order size?

Describe an optimal inventory policy for Wheeling in terms of order size and order frequency.

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Solution Preview :

Prepared by a verified Expert

Other Subject: What is the restocking cost

Reference No:- TGS01448037

Have a Question? (oR Write a Review)

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Solution Preview :

Prepared by a verified Expert

Other Subject: What is the restocking cost

Reference No:- TGS01448037

Recent Questions Asked Other Subject

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