Question: Problem 3: Basic EOQ Model Assume you have a product with the following parameters: Demand = 360 Holding cost per year = $1.00 per unit

Problem 3: Basic EOQ Model Assume you have a product with the following parameters: Demand = 360 Holding cost per year = $1.00 per unit OR Purchase price, P = $10, and Holding cost is 10% of P Order cost: $100 per order
Problem 3: Basic EOQ Model Assume you have a product with

Problem 3: Basic EOQ Model Assume you have a product with the following parameters: Demand =360 Holding cost per year =$1.00 per unit OR Purchase price, P=$10, and Holding cost is 10% of P Mrdar cost: $100 per order Problem 3: Basic EOQ Model Assume you have a product with the following parameters: Demand =360 Holding cost per year =$1.00 per unit OR Purchase price, P=$10, and Holding cost is 10% of P Mrdar cost: $100 per order

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