Question: 1. Using the basic EOQ model, if D = 60,000 per year, S = $80, and holding cost = $5 per unit per year ($50

1. Using the basic EOQ model, if D = 60,000 per year, S = $80, and holding cost = $5 per unit per year ($50 per unit * 10% holding = $5.00), what is the economic order quantity?

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