Question: In the basic EOQ model, if annual demand is 28 , carrying cost is $2, and ordering cost is $20,EOQ is approximately. A. 20 B.

In the basic EOQ model, if annual demand is 28 ,

In the basic EOQ model, if annual demand is 28 , carrying cost is $2, and ordering cost is $20,EOQ is approximately. A. 20 B. 11 C. 24 D. 28 E. 30

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