Question: Question 1 3 2 pts Economic Order Quantity ( EOQ ) formulation for inventory includes all of the following except: C = Average cost to

Question 13
2 pts
Economic Order Quantity (EOQ) formulation for inventory includes all of the following except:
C= Average cost to hold one dollar of inventory for one year
TR= Total Revenue
P= Unit cost or purchase price of the item
D= Total annual demand for the item
 Question 13 2 pts Economic Order Quantity (EOQ) formulation for inventory

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