Question: b . [ 3 points ] Calculate the EOQ and its total annual cycle - inventory cost. How frequently will orders be placed if the

b.[3 points] Calculate the EOQ and its total annual cycle-inventory cost. How frequently will
orders be placed if the EOQ is used?
(round the EOQ to the nearest integer;
Time Between Orders (TBO) can be expressed in various ways for the same time period, e.g.,
xx weeks, xx days, etc. you can choose your preferred way

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