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Find the economic order quanity, total cost and reorder points: price= $10 annual demand= 10,000 units with a constant daily demand order cost = $10

Find the economic order quanity, total cost and reorder points:

price= $10

annual demand= 10,000 units with a constant daily demand

order cost = $10 per order

interest= 7 percent

holding cost= $.10 per unit

lag time= 5 days

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