Question: The EOQ for Part B-22 is 2,500 units, and four orders are placed each year. The total annual ordering cost is $1,200.Which of the following
The EOQ for Part B-22 is 2,500 units, and four orders are placed each year. The total annual ordering cost is $1,200.Which of the following is true?
a. The total carrying cost is $1,200.
b. The annual demand for the part is 2,500 units.
c. The cost of placing one order is $1,200.
d. The cost of placing one order is $4,800.
e. It is impossible to calculate the annual carrying cost given the above information.
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