Determine the EOQ if monthly demand is 100 units, the ordering cost is $15 per order and

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Determine the EOQ if monthly demand is 100 units, the ordering cost is $15 per order and the annual average cost of holding is $1.5 per unit. Also, determine the annual ordering cost and annual holding cost.

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Quantitative Methods For Business

ISBN: 978-0273739470

5th edition

Authors: Donald Waters

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Posted Date: Jun 27, 2020 04:02 AM

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Determine the EOQ if monthly demand is 100 units, the ordering cost is $15 per order and

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Quantitative Methods For Business

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