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An item experiences an annual demand of 3 , 6 0 0 units. It costs $ 1 0 to hold an item in inventory for
An item experiences an annual demand of units. It costs $ to hold an item in inventory for one year and $ to place an order. If the EOQ model is used, what is the time between orders? Assume that there are business weeks in a year.
Question Select one:
A
greater than week but less than or equal to weeks
B
greater than weeks
C
greater than weeks but less than or equal to weeks
D
less than week
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