Question: IM . 0 4 Joe Henry's machine shop uses 2 , 2 5 0 brackets during the course of a year. These brackets are purchased
IM Joe Henry's machine shop uses brackets during the course of a year. These brackets are purchased from a supplier miles away. The following information is known about the brackets:
Annual demand:
Holding cost per bracket per year:
Order cost per order:
Lead time:
Working days per year
Given the above information, what would be the economic order quantity EOQround to two decimal points
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