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Business, 14.05.2021 20:30 mayamcmillan11

A product has a demand of 4000 units per year. Ordering cost is $20 per order, and holding cost is $4 per unit per year. The EOQ model is appropriate. The cost-minimizing solution for this product will cost per year in total annual inventory (holding and ordering) costs. $1200 $800 $400 Cannot be determined because the unit price is not known. Zero; this is a class C item

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A product has a demand of 4000 units per year. Ordering cost is $20 per order, and holding cost is $...

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