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GIVING THE FOLLOWING DATA D= ANNUAL DEMAND =$5500 S = COST /ORDER =$62 H = HOLDING COST /UNIT =$30 REQUIRED .CALCULATE THE economic order quantity

GIVING THE FOLLOWING DATA D= ANNUAL DEMAND =$5500 S = COST /ORDER =$62 H = HOLDING COST /UNIT =$30 REQUIRED .CALCULATE THE economic order quantity AND EXPLAIN THE MEANING ? AND HOW DOES IT HELP IN WAREHOUSING MANAGEMENT

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