Question: Given the following data: D = 65,000 units per year, S = $120 per setup, P = $5 per unit, and I = 25% per

Given the following data: D = 65,000 units per year, S = $120 per setup, P = $5 per unit, and I = 25% per year, (a) calculate the EOQ, and (b) calculate annual costs of holding and setup following EOQ behavior

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