Question: Sam has to solve a basic EOQ problem. In his model, monthly demand is 2 5 0 0 units and unit holding cost is $

Sam has to solve a basic EOQ problem. In his model, monthlydemand is 2500 units and unit holding cost is $10 per unit per year. He has the EOQ calculated as 300. What is setup/ordering cost (S), assuming 9 months per year and a purchase cost of $10 per unit?

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