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What is Inventory Cost Analysis Workshop about?

This document presents three numerical examples on the calculation of inventory and ordering costs. The first example calculates the annual setup and production control costs when producing 15,000 units in batches of 500. The second example calculates the annual ordering and receiving costs when purchasing 60,000 units in batches of 10,000 and 20,000. The third example calculates the maximum, average inventory levels, and reorder point for a product with a demand of 800 units every 4 weeks and batches.

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ScribdTranslations

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EN