Question: A large distributor has 8 retail outlets. Each outlet orders independently but at the same time as all other independent warehouses. Demand at each outlet

A large distributor has 8 retail outlets. Each outlet orders independently but at the same time as all other independent warehouses. Demand at each outlet is 323,376 units per year. Carrying cost is $64 per unit per year. Ordering cost is $1,500 per order. Compute the summation of EOQ of all warehouses in this decentralized ordering system.

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