In the basic EOQ model in Example 12.1, suppose that the fixed cost of ordering is $500.
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In the basic EOQ model in Example 12.1, suppose that the fixed cost of ordering is $500. Use Solver to find the new optimal order quantity. How does it compare to the optimal order quantity in the example? Could you have predicted this from Equation (12.4)?
Equation (12.4)
Q = √2KD/h
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Related Book For 
Practical Management Science
ISBN: 978-1305250901
5th edition
Authors: Wayne L. Winston, Christian Albright
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