Question: Given the following information, how many orders would be placed each year if using the EOQ? Annual demand = 20,000 units Annual carrying costs are

Given the following information, how many orders would be placed each year if using the EOQ? Annual demand = 20,000 units Annual carrying costs are 20% The purchased item costs $20 each Ordering costs are $20 per order O 22.2 O 13.2 0 44.7 O None of the other answers are correct

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