Using the data below, find the EOQ, the total annual cost associated with the economic order quantity,
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Question:
Annual Demand: 8,000 units
Weeks Operating: 52/year
Ordering Cost: $35/order
Holding Cost: $4/unit/year
Lead-Time: 3 weeks
Related Book For
Supply Chain Focused Manufacturing Planning and Control
ISBN: 978-1133586715
1st edition
Authors: W. C. Benton
Posted Date: