Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 21 Mar 2018 My Price 2.00

best ordering policy

jon van houghton looked at an inventory item and decided that the holding cost is 25 per cent of value a year while the shortage cost for back orders is 160% of value a year. unit cost is $400 and reorder cost is $100. demand is constant at 300 units a year and all shortages are met by by back-orders. what is the best ordering policy for this item?

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Maurice Tutor
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Status NEW Posted 21 Mar 2018 02:03 AM My Price 2.00

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