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- A Moving to another question will save this response. Question 1 For the following data, calculate economic order quantity (EOQ) and re-order point (RP).
- A Moving to another question will save this response. Question 1 For the following data, calculate economic order quantity (EOQ) and re-order point (RP). Assume 50 weeks in a y Item cost AED 13,500 Order cost AED 10,000 per order Monthly holding cost 2.5% of item cost Monthly demand 3000 units Standard deviation of weekly demand 50 units Lead time 2 weeks Z-score for service level of 99% 2.32 TT T Arial 3 (12pt) T
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