Question: Using the Economic Order Quantity ( EOQ ) formula from the Contemporary Logistics textbook ( Ch . 8 ) , calculate the EOQ in units
Using the Economic Order Quantity EOQ formula from the Contemporary Logistics textbook Ch calculate the EOQ in units using the following variables. Round your answer to the nearest whole number.
Annual usage dollars $
Annual demand units
Administrative cost per order of placing the order $
Dollar value of inventory per unit $
Carrying costs of the inventory the annual percentage of the inventory dollar value
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