Question: In the basic EOQ model, if annual demand is 110, holding cost is $3.65 (per unit per year), and total inventory related cost on the

In the basic EOQ model, if annual demand is 110, holding cost is $3.65 (per unit per year), and total inventory related cost on the basis of EOQ is $290, the EOQ(rounded to the next whole number) is:

a. 145

b. 55

c. 80

d. 8

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