Question: Torque Manufacturing forecasts that its production will require 600,000 tons of bauxite over its planning period (365 days). Demand for Torque's products is stable over
Torque Manufacturing forecasts that its production will require 600,000 tons of bauxite over its planning period (365 days). Demand for Torque's products is stable over time. Ordering costs amount to an average of $15 per order. Holding costs are estimated at $1.25 per ton of bauxite. The EOQ for Torque is tons
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