Question: Given the following information, compute the economic order quantity (EOQ), annual holding cost, annual order cost Annual requirements (D)=50,000 units Order cost(K)=$75 per order Holding

Given the following information, compute the economic order quantity (EOQ), annual holding cost, annual order cost Annual requirements (D)=50,000 units Order cost(K)=$75 per order Holding rate (i)=13% Unit cost (c)=$85 per unit Round up to the next unit when calculating EOQ (no decimal point) All other calculations round to the second decimal point
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