Question: Consider the basic EOQ model. Average inventory level (1) is 300 units. Holding cost (H) is $3 per unit per year. Ordering cost (S) is

Consider the basic EOQ model. Average inventory level (1") is 300 units. Holding cost (H) is $3 per unit per year. Ordering cost (S) is $600 per order Find number of orders (N*) per year. 2 orders per year O 1 order per year 0.67 orders per year 1.5 order per year Cannot be calculated E

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