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MAC3701 - STUDY NOTES + ASSIGNMENTS and EXAMS PACK
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MAC3701 - STUDY NOTES + ASSIGNMENTS and EXAMS PACK. MAC3701 STUDY NOTES & PACK. Annual inventory holding costs = (Average Inventory level + Safety Stock) x Annual Holding cost per unit = (EOQ/2 + Safety Stock) x Annual Holding cost per unit where; EOQ = ² ² 191.4494 = 192 racquets - Always round up; 191.4494 = 192 units Total Inventory Holding Costs = (Holding Costs + Insurance + (Purchase Price x 12%) 21.4 + 2.14 +(856 x12%) 126.26 Remember Insurance is part of the holding costs The...

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  • Exam (elaborations)
  •  • 101 pages • 
  • by ResourceCentre9 • 
  • uploaded  10-09-2021
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