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Problem: A manufacturing unit expects to sell approximately 100 hoses next year. Annual holding cost is $10 per hose and ordering cost is $20 per
Problem: A manufacturing unit expects to sell approximately 100 hoses next year. Annual holding cost is $10 per hose and ordering cost is $20 per hose. Manufacturing unit operates 360 days a year and has enough storage space. What is EOQ? How many times per year would the manufacturing unit reorder if EOQ units are order each time? c. What is the length of an order cycle if EOQ units are ordered each time? d. What is the total annual inventory control cost if EOQ units are ordered each time
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