Question: An organization is determining the economic order quantity, EOQ, for the upcoming year. The previous year s ordering cost per order, $ 2 7 5

An organization is determining the economic order quantity, EOQ, for the upcoming year. The previous years ordering cost per order, $275, and holding cost per unit per year, $3, is expected the remain the same. However, annual demand is expected to grow by 6% from the previous year. Given the previous years information provided, answer the questions below in MS Word and execute all calculations in MS Excel.

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