Question: In the basic EOQ model, if annual demand is 65, holding cost is $4.62 (per unit per year), and total inventory related cost on the
In the basic EOQ model, if annual demand is 65, holding cost is $4.62 (per unit per year), and total inventory related cost on the basis of EOQ is $290, the EOQ(rounded to the next whole number) is:
a. 63 b. 6 c. 32 d. 145
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