Question: The correct answer is 52, show the formula and work to get the correct answer. Please show the work to calculate the economic order quantity

The correct answer is 52, show the formula and work to get the correct answer. Please show the work to calculate the economic order quantity (EOQ)

In the basic EOQ model, if annual demand is 2000 per year, the set up costs are $80, and holding cost is $10 per unit per month, what is the economic order quantity? 52 179 25

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