Question: In the basic EOQ model, if annual demand is 200, holding cost is $3.17 (per unit per year), and total inventory related cost on the
In the basic EOQ model, if annual demand is 200, holding cost is $3.17 (per unit per year), and total inventory related cost on the basis of EOQ is $290, the ordering cost per order (rounded to the next whole number) is
a.
67
b.
can not be determined
c.
145
d.
133
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
