Question: a- How long should accounts payable be held before payment is made? b- Suppose management has arrived at an EOQ of 4,500 units. Given that

a- How long should accounts payable be held before payment is made?

b- Suppose management has arrived at an EOQ of 4,500 units. Given that ordering costs are $40 per order and holding costs are $50 per unit, then what is the implied quantity demanded?

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