Question: Economic order quantity Inventory item averaging Question 33 6.25 pts A company is planning for its financing needs and uses the basic fixed-order quantity inventory

Economic order quantity Inventory item averaging

Economic order quantity Inventory item averaging Question 33 6.25 pts A company is planning for its financing needs and uses the basic fixed-order quantity inventory model. Which of the following is the total cost (TC) of the inventory given an annual demand of 10,000, setup cost of $32, a holding cost per unit per year of $4, an EOQ of 400 units, and a cost per unit of inventory of $150? $500.687 $499,313 $1,501,600 $1.498,200 None of these Question 34 6.25 pts One of the main purposes of a MRP system is which of the followings? Upgrade manufacturing's professionalism

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