Business, 21.04.2020 18:06 jayleneeeee

As part of its new Lean program, Qwik-and-Done has signed a long-term contract with Lighting Manufacturers and will now place orders for its LED lamps electronically. Ordering costs will drop to $0.50 per order, but carrying costs are raised to $19.1/lamp. What is the new EOQ?

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As part of its new Lean program, Qwik-and-Done has signed a long-term contract with Lighting Manufac...