A service garage uses 204 boxes of cleaning cloths a year. The boxes cost $12 each. The cost to place one order is $15, and the cost to hold one box in inventory for a year is $2.40. The EOQ is

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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A service garage uses 204 boxes of cleaning cloths a year. The boxes cost $12 each. The cost to place one order is $15, and the cost to hold one box in inventory for a year is $2.40. The EOQ is

Let's say you are playing the stock market and below period 2020 data was provided. For "stock A" you use a 2 month moving
average. For "stock B" you use exponential smoothing with (a = 0.3).
Stock A
Stock B
Jan
0.11
Jan
14
Feb
0.20
Feb
11
Mar
0.03
Mar
Apr
May
1.20
Apr
May
6.
0.50
Jun
0.03
Jun
12
Jul
0.10
Jul
16
Aug
Sep
0.11
Aug
Sep
Oct
14
0.56
Oct
0.78
Nov
0.44
Nov
4
Dec
0.10
Dec
4
Transcribed Image Text:Let's say you are playing the stock market and below period 2020 data was provided. For "stock A" you use a 2 month moving average. For "stock B" you use exponential smoothing with (a = 0.3). Stock A Stock B Jan 0.11 Jan 14 Feb 0.20 Feb 11 Mar 0.03 Mar Apr May 1.20 Apr May 6. 0.50 Jun 0.03 Jun 12 Jul 0.10 Jul 16 Aug Sep 0.11 Aug Sep Oct 14 0.56 Oct 0.78 Nov 0.44 Nov 4 Dec 0.10 Dec 4
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