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In Economic Order Quantity (EOQ) model, average inventory per cycle is equal to ____________. Note: An inventory cycle is the time span between receiving two
In Economic Order Quantity (EOQ) model, average inventory per cycle is equal to ____________.
Note: An inventory cycle is the time span between receiving two consecutive orders
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a) | zero |
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b) | half of the order quantity |
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c) | the order quantity |
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d) | the annual demand |
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