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Problem 3: Economic Order Quantity Castro Company has an annual demand of 100,000.00 units of Material Y. The ordering cost is unit 5.00, and the

Problem 3: Economic Order Quantity Castro Company has an annual demand of 100,000.00 units of Material Y. The ordering cost is unit 5.00, and the annual carrying cost per unit is 1.00. Assume that the units will be required ev Compute for the following: 9. Economic order quantity 10. Number of orders made on first quarter 11. Total carrying cost 12. Total ordering cost

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