Question: In the basic EOQ model, if annual demand is 50, holding cost is $2/unit per year, and ordering cost is $15, the EOQ (rounded to
In the basic EOQ model, if annual demand is 50 , holding cost is $2/ unit per year, and ordering cost is $15, the EOQ (rounded to the next whole number) is: a. 11 b. 24 c. 28 d. 20
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