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One component of the holding cost of inventory is interest. True False Question 5 (1 point) The EOQ is the lot size that a supplier
One component of the holding cost of inventory is interest. True False Question 5 (1 point) The EOQ is the lot size that a supplier will allow a customer to order. True False Question 6 (3 points) Walmart stocks a 72" flat screen TV's that is a popular seller. Annual demand is 8,000 units, the ordering cost is $45, and the inventory holding cost is $8 per unit/ week. What is the EOQ? (assume 52 weeks in a year) $17,307$15,892$6,923$8,045
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