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Octopus Inc. operates an economic order quantity policy. Forecast demand to meet production requirements next year is 6 2 5 0 0 0 units, The
Octopus Inc. operates an economic order quantity policy. Forecast demand to meet production requirements next year is units, The cost of placing and processing an order is R while the cost of holding a unit in stored is R per unit per year. Both costs are expected to be constant during the next year.
Required:
Assuming a week year, determine the reorder frequency.
A Every weeks
B Every one and half week
C Every woek
D Every wocks
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