Question: Question 56 (2 points) Company X is a retailer who sells shoes. Given the following data & using the EOQ model calculate the EOQ monthly

 Question 56 (2 points) Company "X" is a retailer who sells

Question 56 (2 points) Company "X" is a retailer who sells shoes. Given the following data & using the "EOQ model calculate the EOQ monthly sales: 4,000 pairs purchase order lead time: 8 days days.open per relevant Purchase Order cost: $162.50 per purchase order relevant annual carrying costs: $15.60/pair stockout costs: $48 per stockout safety stock definitely required 100 pairs year: 365 1,100 pairs 389 pairs 289 pairs 1,000 pairs

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