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QUESTION 1 Suppose that the ordering cost cp = 200, the holding cost ch = 2, and the daily demand D = 70. How frequently

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QUESTION 1 Suppose that the ordering cost cp = 200, the holding cost ch = 2, and the daily demand D = 70. How frequently do you need to place a new order? (Note: Q* = V2CpD/ch) 1.3 1.69 2.3 None of the above

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