Question: In the basic EOQ model, if monthly demand is 2000 units, unit holding cost is $5 per unit per month, and each order costs us

In the basic EOQ model, if monthly demand is 2000 units, unit holding cost is $5 per unit per month, and each order costs us $200, what is the economic order quantity, assuming 12 month per year and a purchase cost of $10 per unit?

a. 200

b. 300

c. 400

d. 500

e.600

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