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ABX Enterprise uses an chemical that must be kept in an environment where

Question # 00183036
Subject: Economics
Due on: 01/30/2016
Posted On: 01/30/2016 11:13 AM

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ABX Enterprise uses an chemical that must be kept in an enviroment where oth temperture and humidity can be controlled. ABX uses 700 pounds per month of the chemical, estimate the holding cost to be 25% of the purchase price (because of spoilage), and estimates order costo to be $45 per order.
QUANITY PRICE Q PRODUCT COST ORDERING COST HOLDING COST TOTAL COST
1-499 $20.00
500-999 $18.75
1000 + $16.00
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ABX Enterprise uses an chemical that must be kept in an enviroment where

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Posted On: 01/30/2016 11:14 AM
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Tutorial Preview …< xxxx For x = $18 xxx EOQ = xxxxxxxx = xxxx x 700 x 45)/(0 25 x 18 75)) x…
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