Question: 3) (2 points) Consider an EOQ system with D = 20,000, S = $500 and H = $10. How much money can be saved annually

3) (2 points) Consider an EOQ system with D = 20,000, S = $500 and H = $10. How much money can be saved annually on inventory costs (IC) by (somehow) decreasing the setup cost by 20%?

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