A particular item has a demand of 9000 units/year. The ordering cost is $100 and the holding

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A particular item has a demand of 9000 units/year. The ordering cost is $100 and the holding cost is $2.4 per unit per year. The demand is known and constant. Also, the shortage cost is $5/unit/year.

Determine :

1)EOQ

2)N

3)Times between orders

Related Book For answer-question

Quantitative Methods For Business

ISBN: 978-0273739470

5th edition

Authors: Donald Waters

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Posted Date: Nov 19, 2023 05:08 AM

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A particular item has a demand of 9000 units/year. The ordering cost is $100 and the holding

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1 Determine the EOQ Economic Order Quantity The Economic Order Quantity EOQ is the optimal order ... View the full answer

Quantitative Methods For Business

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