Question: Excel Project: 1) Use the demand data to develop the APPROXIMATE EOQ policy (compute total costs, order size, average inventory, etc.). 2) Compute the real

Excel Project: 1) Use the demand data to develop the APPROXIMATE EOQ policy (compute total costs, order size, average inventory, etc.). 2) Compute the real cost based on the implementation plan. Provide your brief opinion based on the difference.

Excel Project: 1) Use the demand data to develop the APPROXIMATE EOQ

Holding Cost (per period) Ordering cost \begin{tabular}{|rr|} \hline & 1.3 \\ \hline 78 \\ \hline 0.523646904 \end{tabular}

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