Question: In the basic EOQ model, if annual demand is 50, carrying cost is $2, and ordering cost is $18, EOQ is approximately: A. 20 B.

In the basic EOQ model, if annual demand is 50, carrying cost is $2, and ordering cost is $18, EOQ is approximately:

A.

20
B.

28
C.

11
D.

24
E.

30

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