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1.Calculate the Efficient Order Quantity given the following information Average Demand = 137 Order Setup Cost = 184 Holding Cost = $2.50 Use proper rounding.
1.Calculate the Efficient Order Quantity given the following information
Average Demand = 137
Order Setup Cost = 184
Holding Cost = $2.50
Use proper rounding.
2.Calculate the Time Between Orders given the following information
Average Demand = 90
Order Setup Cost = 272
Holding Cost = $1.32
Use proper rounding for EOQ and TBO
Please answer it step by step, thank you!
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