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Assume that a company purchases raw material at a cost of $10 per unit. The annual demand for that raw material is 15 000
Assume that a company purchases raw material at a cost of $10 per unit. The annual demand for that raw material is 15 000 units. The holding cost per unit is $5.2 and the cost of placing an order is $42. How much is the economic order quantity (EOQ) approximately? (round the answer to the nearest unit!)* 456 units None of the answers is correct 588 units 492 units
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