Question: 4 . 1 . 1 Compute the economic order quantity ( EOQ ) of the packets of medicine. ( 3 Marks ) 4 . 1
Compute the economic order quantity EOQ of the packets of medicine. Marks
Based on the ordering policy stated above, compute the total annual ordering and holding costs of the medicine. Marks
How much money can SOSGH save by replacing the existing inventory policy with the economic order quantity EOQ model? Marks
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