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Annual demand for motor oil at a truck maintenance facility is 3200 gallons. The cost to hold a gallon of oil for a year is
Annual demand for motor oil at a truck maintenance facility is 3200 gallons. The cost to hold a gallon of oil for a year is $90 and the cost to place an order for oil is $810. How many gallons of motor oil should be ordered at a time if using the EOQ? As close to 25.3 as possible 267 240 180
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