Question: this one Calculate the optimal purchase quantity using the EOQ formula. (PP material lecture) The annual demand of a product is 4000 units. The purchasing
Calculate the optimal purchase quantity using the EOQ formula. (PP material lecture) The annual demand of a product is 4000 units. The purchasing price is 10 /unit. The transportation and purchase costs are 200 /order. The stock keeping cost is 15 % of the product price
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