Question: Enrique is using a basic EOQ model to determine the best inventory control policy for his company. He came up with the following cost chart

Enrique is using a basic EOQ model to determine the best inventory control policy for his company. He came up with the following cost chart for his model. He knows that the cost of carrying per unit per year is 16$, the daily demand is 32 and the cost of ordering is 75$ per order. (300 days per year)

Given the above information, determine A, B, C and D.

Enrique is using a basic EOQ model to determine

Annual cost ($) B D 320 Order Quantity

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