Business, 11.05.2021 20:30 genyjoannerubiera
You are considering starting a new business of selling hoodies with the IU logo. The annual demand is 1,200. Assume that demand is perfectly steady throughout the year. You can purchase the hoodies from Supplier A for a price of $40 per hoodie and a $2,000 fixed cost for every order placed independent of the order size. The annual holding cost for each hoodie is 20% of its wholesale price. Based on the EOQ, what is the fixed cost of placing orders per year?
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You are considering starting a new business of selling hoodies with the IU logo. The annual demand i...
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