Question: Using a the basic EOQ model, if D = 10,000 per year, S = $50, and H = $1 per unit per year, then the
Using a the basic EOQ model, if D = 10,000 per year, S = $50, and H = $1 per unit per year, then the frequency of placing orders is?
EOQ = Sq Root of [(2xDxS)/H], D = annual demand; S = Avg cost of placing an order; H = Avg cost of holding one unit for 1 year"
1- once every 45 days
2- once every 100 days
3. once every 73 days
4. once every 90 days
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