Question: PLEASE SHOW STEP BY STEP (3 points) For a particular product, the annual demand is 12,000 units, the number of working days in the year

PLEASE SHOW STEP BY STEP
(3 points) For a particular product, the annual demand is 12,000 units, the number of working days in the year is 320, and the economic order quantity (EOQ) is 300. Given this information, which of the following statements is true? a. The time between orders is 6 working days. b. The time between orders is 7 working days. c. The time between orders is 8 working days. d. The time between orders cannot be calculatedStep by Step Solution
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