Business, 12.06.2021 19:20 michaelFTP

The annual demand of a product is 12,000 units, the ordering cost is $6 per order, and the holding cost is $2.50 per unit per year. Calculate the optimal order quantity using the fixed-order quantity model. [Select the appropriate range in which your answer falls.]

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The annual demand of a product is 12,000 units, the ordering cost is $6 per order, and the holding c...