Question: In the basic EOQ model, if annual demand is 80, holding cost is $3.55 (per unit per year), and total inventory related cost on the

In the basic EOQ model, if annual demand is 80, holding cost is $3.55 (per unit per year), and total inventory related cost on the basis of EOQ is $350, the ordering cost per order (rounded to the next whole number) is

a. 432

b. 175

c. can not be determined

d. 216

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