Question: three times every two months Average demand for a particular item is 1,200 units per year. It costs $100 to place an order for this

three times every two months Average demand for athree times every two months

Average demand for a particular item is 1,200 units per year. It costs $100 to place an order for this item, and it costs $6 to hold one unit of this item in inventory for one year. If EOQ is chosen in this instance, how often (on average) will this item be ordered? Multiple Choice once a month once every two months twice a month twice every three months

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