Using the information in Problem 16, calculate the following: (a) The economic order quantity (b) The total

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Using the information in Problem 16, calculate the following:

(a) The economic order quantity

(b) The total annual costs using the EOQ ordering policy

(c) The penalty costs Sam is incurring by using his current policy


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Operations Management

ISBN: 978-0470325049

4th edition

Authors: R. Dan Reid, Nada R. Sanders

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