In the basic EOQ model in Example 12.1, suppose that the fixed cost of ordering is $500.
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In the basic EOQ model in Example 12.1, suppose that the fixed cost of ordering is $500. Use Solver to find the new optimal order quantity. How does it compare to the optimal order quantity in the example? Could you have predicted this from Equation (12.4)?
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Related Book For 
Practical Management Science
ISBN: 9781111531317
4th Edition
Authors: Wayne L. Winston, S. Christian Albright
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