Question: Given that unit cost = $25, annual carrying charge = 10%, annual demand = 4000 units, and ordering cost = $15 per oder, the EOQ

Given that unit cost = $25, annual carrying charge = 10%, annual demand = 4000 units, and ordering cost = $15 per oder, the EOQ is

a. 300 units

b. 155 units

c. 22 units

d. 219 units

Please provide explanation.

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