Question: In the basic EOQ model, if annual demand is 110, holding cost is $4 (per unit per year), and total inventory related cost on the

In the basic EOQ model, if annual demand is 110, holding cost is $4 (per unit per year), and total inventory related cost on the basis of EOQ is $370, the EOQ(rounded to the next whole number) is:

a. 185

b. 55

c. 93

d. 8

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