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Consider the following information: Annual demand = 4500 Item Value = $750 Holding cost (as proportion of item value) = 10% Ordering cost = $500

Consider the following information: Annual demand = 4500 Item Value = $750 Holding cost (as proportion of item value) = 10% Ordering cost = $500 What is economic order quantity (EOQ)? 225 units 245 un

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