Question: In the basic EOQ model, if annual demand is 155, holding cost is $3.83 (per unit per year), and total inventory related cost on the
In the basic EOQ model, if annual demand is 155, holding cost is $3.83 (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. 77 b. 185 c. 9 d. 97
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