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A company decides to establish an EOQ for an item. The annual sales volume ( demand ) is 1 0 0 , 0 0 0
A company decides to establish an EOQ for an item. The annual sales volume demand is units, each costing $ ordering costs are $ per order, and inventory carrying costs are Calculate the following:
a The EOQ in units
b Number of orders per year
c Cost of ordering, cost of carrying inventory, and total cost.
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