Question: In the basic EOQ model, if annual demand is 65, holding cost is $3.4 (per unit per year), and total inventory related cost on the
In the basic EOQ model, if annual demand is 65, holding cost is $3.4 (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
a.
459
b.
917
c.
can not be determined
d.
225
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