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Question 6 3 The Economic Order Quantily Inventory Model minimizes the total annual inventory costs. This minimum is achieved at the order quantity Q at

Question 63
The Economic Order Quantily Inventory Model minimizes the total annual inventory costs. This minimum is achieved at
the order quantity Q at which holding costs per year are equal to the ordering costs per year. If holding costs per year are
equal to $850 and we know that it costs $50 to order this product, how many times in a year do we have to order
quantity Q which minimizes total costs?
034
O17
0450
Question 64
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