Question: Use the givens provided below to solve the problem. Find the annual ordering cost if the company is using their present lot size? Do not
Use the givens provided below to solve the problem.
Find the annual ordering cost if the company is using their present lot size?
Do not use EOQ. Use the present lot size.
Choose the closest answer.
Ordering cost $ per order
Holding cost $ per unit per year
Present lot size
Annual demand
Unit cost $ per unit
$
$
$
$
$
$
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