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For a deterministic inventory model with back-orders; The annual demand = 19,377 Unit price= 35 Interest rate=0.29 Ordering c


For a deterministic inventory model with back-orders; The annual demand = 19,377 Unit price= 35 Interest rate=0.29 Ordering c
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Answer:

Annuanl Demand 19,377

order cost per order =377

no of order =51 (19377/377)

Unit recived =51*377 =19227

Shortage =19377-19227 =150

Cost per unit shortage =44

cost =44*150= 6600

interest =0.29%0f 6600 =19.14

Total cost =6619.14

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