Question: 1 . Given the following information, calculate the EOQ: a . Annual demand = 2 , 0 0 0 , 0 0 0 b .

1. Given the following information, calculate the EOQ:
a. Annual demand =2,000,000
b. Cost or ordering = $25
c. Carrying costs =45%
d. Item cost =255
2. Using the information in #7 what is the number of annual orders?

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