Question: I. II. Illustrate, by solving the problem below, the economic order quantity model. Use the information that follows: Annual usage: Price Per unit: Carrying

I. II. Illustrate, by solving the problem below, the economic order quantity model. Use the information that

I. II. Illustrate, by solving the problem below, the economic order quantity model. Use the information that follows: Annual usage: Price Per unit: Carrying costs: Ordering cost: Define and/or explain the following terms 1. 2. 3. 4. 5. 1000 units P 10 10% P 20 net working capital current assets net incremental benefit funds flow safety stock

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