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QUESTION 3 * EOQ no Points Wicker uses 20.000 units per year of a particular item of inventory purchased for 1. It costs 28 for
QUESTION 3 * EOQ no Points Wicker uses 20.000 units per year of a particular item of inventory purchased for 1. It costs 28 for each order placed with the supplier and the cost of holding a unit of inventory for a year is 1:20. What is: 1. the economic order quantity? 2. the total annual cost of ordering and holding inventories for this business
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Capital Markets Institutions Instruments And Risk Management
Authors: Frank J. Fabozzi
5th Edition
0262029480, 9780262029483
