Question: In the basic EOQ model, if demand is 8000 per year, ordering costs are $100 and the holding costs are $6 per unit per month,

In the basic EOQ model, if demand is 8000 per year, ordering costs are $100 and the holding costs are $6 per unit per month, the approximate economic order quantity is

Question 1 options:

	16,000,000
	22,222.222
	149
	none of these are even close

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