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ABC Company supplies furniture tables to their customers. The annual demand is 1000 units. The average holding cost is SR 5 per unit per

ABC Company supplies furniture tables to their customers. The annual demand is 1000 units. The average holding cost is SR 5 per unit per year and ordering cost is SR 625 per order. Find EOQ, Annual Ordering Cost and Annual Holding Cost.

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To find the Economic Order Quantity EOQ we can use the following formula EOQ sqrt2 Annual Demand ... blur-text-image

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