Q14.1. Determine the optimal order quantity. Q14.2. Determine the total minimum inventory cost,

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Electronic Village stocks and sells a particular brand of personal computer.
It costs the store $ 450 each time it places an order with the manufacturer for the
personal computers.
The annual cost of carrying the PCs in inventory is $ 170.
The store manager estimates that an annual demand for PCs will be 1200 units.
Q14.1. Determine the optimal order quantity.
Q14.2. Determine the total minimum inventory cost,
Transcribed Image Text:Electronic Village stocks and sells a particular brand of personal computer. It costs the store $ 450 each time it places an order with the manufacturer for the personal computers. The annual cost of carrying the PCs in inventory is $ 170. The store manager estimates that an annual demand for PCs will be 1200 units. Q14.1. Determine the optimal order quantity. Q14.2. Determine the total minimum inventory cost,
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