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A company uses 72,000 units of spare parts each year . using 200 units per day. It costs CAN$ 40 to place the order. The

A company uses 72,000 units of spare parts each year . using 200 units per day. It costs CAN$ 40 to place the order. The company orders in batches of 800 units. It cost CAN$ 8 to carry one unit of inventory annually. Calculate EOQ, number of cycles per year, ordering and carrying costs, and Total Cost. Calculate ROP if LT is 6 days.

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