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Company X is a retailer who sells shoes. Given the following data & using the EOQ model calculate the EOQ monthly sales: 4,000 pairs purchase

Company "X" is a retailer who sells shoes. Given the following data & using the "EOQ model" calculate the EOQ

monthly sales: 4,000 pairs purchase order lead time: 8 days days open per year: 365 relevant Purchase Order cost: $162.50 per purchase order relevant annual carrying costs: $15.60/ pair stockout costs: $48 per stockout safety stock definitely required 100 pairs

Question 31 options:

1,000 pairs

289 pairs

1,100 pairs

389 pairs

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