Question: 43. Using the economic order Quantity formula and the total cost formula and given the following data what is the EOQ? Price =$100 Demand=1,000 ordering

43. Using the economic order Quantity formula and the total cost formula and given the following data what is the EOQ? Price =$100 Demand=1,000 ordering cost=$10 interest=5% Holding cost=$ 0.5 Lag time = 5days

a. 58units

b. 48units

c.78units

d. 68 units

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