Question: Economic Order Quantity PROBLEM 2 A company has been purchasing an item in lots of 9 0 0 units. This equates to 3 ? ?

Economic Order Quantity
PROBLEM 2
A company has been purchasing an item in lots of 900 units. This equates to 3?? month supply. The cost per unit is $12, the order cost is $16 per order, and the carrying costs 25%.
Required:
How much can the company save per year by purchasing the item under the EOQ?
Economic Order Quantity PROBLEM 2 A company has been purchasing an

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