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A product has a demand of 7000 units per year. Ordering cost is $90 per order, and holding cost is $3 per unit per year.
A product has a demand of 7000 units per year. Ordering cost is $90 per order, and holding cost is $3 per unit per year. The EOQ model is appropriate. The cost-minimizing solution for this product wil
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Fundamentals of Management
Authors: Ricky W. Griffin
8th edition
1285849043, 978-1285849041
