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Need second one answered Q1: Suppose that $1,000 of a particular item is used each year, the order costs are $25 per order submitted, and
Need second one answered
Q1: Suppose that $1,000 of a particular item is used each year, the order costs are $25 per order submitted, and inventory carrying costs are 20%. What is the EOQ (dollar/order size)? 2AB/C=(2)(1000)(25)0.2= Q2: Using the same information as in the previous question, and assuming that the product has a cost of $5 per unit. What is the EOQ (unit) Step by Step Solution
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