Calculate the EOQ in the following scenario: An office supply store sells 7,200 cases of pens a
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Question:
- Calculate the EOQ in the following scenario:
- An office supply store sells 7,200 cases of pens a year and purchases a case for $50.00. The cost to place an order is $60.00 and the carrying cost of the pens in the warehouse is 20% of inventory value.
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