Question: 9. Consider the following data table (12 Points ) Annual demand Holding cost per year Order cost per order Lead time Working days per year
9. Consider the following data table (12 Points ) Annual demand Holding cost per year Order cost per order Lead time Working days per year 2,500 $ 1.50 $ 18.75 2 days 250 a) Calculate the economic order quantity (EOQ)? b) What is the reorder point?
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