Question
Determine the EOQ if monthly demand is 100 units, the ordering cost is $15 per order and the annual average cost of holding is $1.5
Determine the EOQ if monthly demand is 100 units, the ordering cost is $15 per order and the annual average cost of holding is $1.5 per unit. Also, determine the annual ordering cost and annual holding cost.
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Quantitative Methods For Business
Authors: Donald Waters
5th Edition
273739476, 978-0273739470
