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Assume you are paying $5 per unit from your supplier. Using the EOQ quantities, what would be the cost of a single purchase of Q
Assume you are paying $5 per unit from your supplier. Using the EOQ quantities, what would be the cost of a single purchase of Q units? EOQ values are 399, 410 and 408. ordering cost 200 and holding cost 3.5. a. Between $3,000 and $3,500 b. Between $4,000 and $5,000 c. Between $7,000 and $9,500 d. Between $1,000 and $1,500 e. Between $500 and $1,000
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