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In an EOQ problem, the optimal number of units ordered at a time is 343. The ordering cost per order is $2.50. The holding cost
In an EOQ problem, the optimal number of units ordered at a time is 343. The ordering cost per order is $2.50. The holding cost per unit, per year is $1.25. The annual demand is 29,358 units. What is the maximum amount of inventory in this problem?
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