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1 5 ) AWM sells 2 9 1 , 6 0 0 units of product annually. The optimal safety stock is 5 0 0 units.

15) AWM sells 291,600 units of product annually. The optimal safety stock is 500 units. Each unit costs AWM $3, carrying costs are 30%, and the cost of placing an order with the supplier is $20.
a) Compute the EOQ.
b) Compute the total inventory costs at the EOQ level. must be written out and not solved in excel

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