Question: need help, please help me on this problem Economic Order Quantity (EOQ) and Total Annual Cost (TAC) 3. Using the below information, how many components
Economic Order Quantity (EOQ) and Total Annual Cost (TAC) 3. Using the below information, how many components should be ordered at a time and how often? Fractional items cannot be ordered. (do not round and show work) 4 points - 4 items needed per month. - $8000 storage cost for each component per month - $14,000 ordering cost per month
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