Question: Assignment - Chapter 7 (Economic Order Quantity - EOQ) 1. Given the following information, compute the economic order quantity, annual holding cost, annual order cost,

Assignment - Chapter 7 (Economic Order Quantity - EOQ) 1. Given

Assignment - Chapter 7 (Economic Order Quantity - EOQ) 1. Given the following information, compute the economic order quantity, annual holding cost, annual order cost, and annual total inventory cost. Annual requirements (R)=50,000 units Order cost (S)=$150 per order Holding rate (k)=15% Unit cost (C)=$100 per unit

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