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9 3 . A company determines its order quantity for an inventory by using the Economic Order Quantity ( EOQ ) model. The
A company determines its order quantity for an inventory by using the Economic Order Quantity EOQ model. The EOQ order quantity for last year was units while the cost of placing a purchase order was $ and the cost of holding one unit of the inventory per annum was $ Calculate the number of orders for last year.
a orders.
b orders.
c orders.
d orders.
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