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In Question 5 above, if the company decided to order at a lot size of 2,500 units instead of the EOQ quantity, what are the
In Question 5 above, if the company decided to order at a lot size of 2,500 units instead of the EOQ quantity, what are the (a) annual holding cost, (b) annual order cost, and (c) annual total inventory cost? What can you conclude about these costs compared to ordering the EOQ quantity
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