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Question 1 (10 points) A company uses 1450 rolls of masking tape annually. It costs the company $15 to order and receive this product. The
Question 1 (10 points) A company uses 1450 rolls of masking tape annually. It costs the company $15 to order and receive this product. The masking tape costs $3.42 per roll. The company uses a factor of 16% of the purchase price to determine the annual holding cost for this product. What is the Economic Order Quantity (EOQ)? 381.2 rolls 0 61 rolls 281.9 rolls 2.7 rolls 79,495 rolls
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