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

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. 20 c. 24 d. 28 e 375

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