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A company manufactures a product with an annual demand of 1 5 , 0 0 0 units. The setup cost for production is $ 6

A company manufactures a product with an annual demand of

15, 000

units. The setup cost for production is $

600

per order, and the holding cost per unit per year is $

8 .

Calculate the Economic Order Quantity

(

EOQ

)

for the product.

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