Question: Determine the Economic Order Quantity if the delivery time is 2 months and you have the following data: Cost of preparing an order- $20 Order

Determine the Economic Order Quantity if the delivery time is 2 months and you have the following data: Cost of preparing an order- $20 Order Approval Fee-$50 Transportation cost of an order-90 Cost of receiving an order - $15 Material Value-57 Market interest-10% Quarterly usage: 984 units

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