. Below are some statistics. annual demand: 50,000 rolls. ordering cost: $50 per order holding cost: $5 per roll per year The economic order quantity is 1000. During the year, they used 1000 as the order quantity. Auditors revealed some errors: The actual ordering cost $25 and the true holding cost was $10 per roll per year. The correct order quantity would have been 500 rolls. How much did lose due to incorrect cost information during the year
Answers: 1
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Answers: 1
. Below are some statistics. annual demand: 50,000 rolls. ordering cost: $50 per order holding cost:...
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