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Given the following information determine the EOQ and Beginning Inventory: Amount Sold/Purchased per year = 300,000 units; Cost of Placing Order = $300; Cost of
Given the following information determine the EOQ and Beginning Inventory: Amount Sold/Purchased per year = 300,000 units; Cost of Placing Order = $300; Cost of each item =$50 Carrying Cost as % Average Inventory = 25%; what is the EOQ in dollars
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