Question: In the basic EOQ model, if annual demand is 95, holding cost is $3.17 (per unit per year), and total inventory related cost on the

In the basic EOQ model, if annual demand is 95, holding cost is $3.17 (per unit per year), and total inventory related cost on the basis of EOQ is $310, the EOQ(rounded to the next whole number) is:

a. 47

b. 155

c. 98

d. 8

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