Question: . Question 2: Given the following data: demand per day =260 units per day, Setup cost = $120, holding cost = $1.25 per unit, and
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. 1. Calculate the EOQ and calculate annual costs following EOQ behavior, 2. Calculate the expected time between orders, 3. Calculate the expected number of orders,
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