Question: Given the following data: D = 75,500 units per year, S = $500 per order, P = $100 per unit, and H = $30 per
Given the following data: D = 75,500 units per year, S = $500 per order, P = $100 per unit, and H = $30 per unit per year,
(a) EOQ = units (Round the EOQ up to an integer)
(b) annual costs of holding and setup following EOQ behavior: TCEOQ= $ (Round the total cost to two decimal points)
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