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Estimated required inventory for 2003 20,000 units Ordering costs per order- $1.00 Carrying costs per unit $0.25 From the information above: Calculate the economic order
Estimated required inventory for 2003 20,000 units Ordering costs per order- $1.00 Carrying costs per unit $0.25 From the information above: Calculate the economic order quantity Prepare a table of order quantities, showing the lowest cost.
From the information above: 1) Calculate the economic order quantity 2) Prepare a table of order quantities, showing the lowest cost
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