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A company has overestimated its annual demand for an item by 50% and underestimated its ordering cost by 20% By what percentage (of the economic
A company has overestimated its annual demand for an item by 50% and underestimated its ordering cost by 20%
By what percentage (of the economic order quantity) will the order quantity be too large?
By what percentage (of the total relevant costs) will total relevant costs be too large?
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