Question: In the basic EOQ model, if annual demand is 95, holding cost is $3.64 (per unit per year), and total inventory related cost on the

In the basic EOQ model, if annual demand is 95, holding cost is $3.64 (per unit per year), and total inventory related cost on the basis of EOQ is $430, the EOQ(rounded to the next whole number) is:

a.215

b.119

c.8

d.47

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