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Business, 19.02.2020 03:22 aaronw3743

Annual demand equals 1,500 units, delivered purchase cost equals $60/unit, annual inventory carrying cost percentage equals 25% and ordering cost equals $50/order. What is the Economic Order Quantity (EOQ) in units and dollars and how many orders will need to be made in a year?

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Annual demand equals 1,500 units, delivered purchase cost equals $60/unit, annual inventory carrying...

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