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If you plan to open a business -fast food and the item is burger. For this item, you are asked to calculate the EOQ -
If you plan to open a business -fast food and the item is burger.
For this item, you are asked to calculate the EOQ - the economic order quantity.
Be realistic in determining the numbers for the variables needed to complete the calculation. Explore what real numbers can be and provide an explanation / rationale for the choice of numbers.
EOQ Economic Order Quantity formula and explanation
https://www.youtube.com/watch?v=AYpjPWmlyHM
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