Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Question: The purchasing agent for a company that assembles and sells air-

conditioning equipment in a Latin American country noted that the cost of

compressors has increased significantly each time they have been reordered. The

company uses an EOQ model to determine order size. What are the implications of

this price escalation with respect to order size? What factors other than price must

be taken into consideration?

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