Question: Chapter 7 3. Given the following information, compute the economic order quantity, annual holding cost, annual order cost and annual total inventory cost. Annual requirements

Chapter 7 3. Given the following information,
Chapter 7 3. Given the following information, compute the economic order quantity, annual holding cost, annual order cost and annual total inventory cost. Annual requirements (R) Order cost (5) Holding rate (K) Unit cost (C) 50,000 units $150 per order 15% = $100 per unit

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