The cost of initiating purchasing action is rs 1500 per, Operation Management

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The cost of initiating purchasing action is rs 1500 per

The demand for a certain item is 16 units per period. Unsatisfied demand causes a shortage cost of Rs.0.75 per unit per short period. The cost of initiating purchasing action is Rs. 15.00 per purchase and the holding cost is 15% of average inventory valuation per period. Item cost is Rs. 8.00 per unit. Find the minimum cost and purchase quantity.

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Operation Management: The cost of initiating purchasing action is rs 1500 per

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Request for Solution File

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Operation Management: The cost of initiating purchasing action is rs 1500 per

Reference No:- TGS0572142

Have a Question? (oR Write a Review)

Recent Questions Asked Operation Management

Q : A company uses rivets at a rate of 5000 kg per year rivets

Q : A solution is 01 mm in naf na2co3 and na3po4 what would be

Q : An ideal gas is brought through an isothermal compression

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Q : The cost of initiating purchasing action is rs 1500 per

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Request for Solution File

Ask an Expert for Answer!!

Operation Management: The cost of initiating purchasing action is rs 1500 per

Reference No:- TGS0572142

Recent Questions Asked Operation Management

Q : A company uses rivets at a rate of 5000 kg per year rivets

Q : A solution is 01 mm in naf na2co3 and na3po4 what would be

Q : An ideal gas is brought through an isothermal compression

Q : what do the roman ldquomyths of originrdquo tell us to

Q : The cost of initiating purchasing action is rs 1500 per

Q : What is the ph of the solution during the titration when

Q : Describe the rise of fascism in italy indicate the

Q : What impact did the bubonic plague have on the economic

Q : Why did rome choose to expand from city-state to empire

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