Question: In the basic EOQ model, if total annual demand = 6000 units per year, ordering cost per order = $100, and holding cost = $5

In the basic EOQ model, if total annual demand =

In the basic EOQ model, if total annual demand = 6000 units per year, ordering cost per order = $100, and holding cost = $5 per unit per month, what is the optimal lot size? a. 100 units b. 24 units c. 600 units d. 141 units e. 490 units

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