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(See Problem 13 for basic data.) In the second year, Fisk Corporation finds that it can reduce ordering costs to $2 per order but that carrying costs will stay the same at $1.20. Also, volume remains at 75,000 units.
a. Recompute a, b, c, and d in Problem 13 for the second year.
b. Now compare years one and two and explain what happened.
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[Solved] In the second year, Fisk Corporation finds that it can reduce ordering
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- Submitted On 18 Jan, 2017 11:05:33
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