Question: In the basic EOQ model, if annual demand is 50, holding cost is $2.84 (per unit per year), and total inventory related cost on the
In the basic EOQ model, if annual demand is 50, holding cost is $2.84 (per unit per year), and total inventory related cost on the basis of EOQ is $450, the ordering cost per order (rounded to the next whole number) is
Select one:
a. can not be determined
b. 714
c. 1427
d. 225
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