Question: DX material is used uniformly throughout the year. The data regarding annual requirement, Ordering cost and holding cost of this material is given below: Annual

DX material is used uniformly throughout the year. The data regarding annual requirement, Ordering cost and holding cost of this material is given below:
Annual requirement: 7200 units
Ordering cost: OR 30 per order
Holding cost: OR 0.900 per unit

Required: Determine the quantity of economic order (EOQ) of the DX material using the above data.

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