Question: Question 2 : Given the following data: demand per day = 2 6 0 units per day, Setup cost = $ 1 2 0 ,

Question 2: Given the following data: demand per day =260 units per day, Setup cost =$120, holding cost =$1.25 per unit, and the number of working days =250 days per year.
Calculate the EOQ and calculate annual costs following EOQ behavior,
Calculate the expected time between orders,
Calculate the expected number of orders,

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