Question: Use the EOQ method to identify: The optimal order quantity (Q*) The number of orders to be completed The Re-Order Point Total ordering cost Inventory

  1. Use the EOQ method to identify:
  • The optimal order quantity (Q*)
  • The number of orders to be completed
  • The Re-Order Point
  • Total ordering cost
  • Inventory carrying cost
  • Safety Stock Carrying cost
  • COGS
  • Total cost of the inventory plan

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