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Redan Manufacturing uses 2,500 switch assemblies per week and then reorders another 2,500. The relevant carrying cost per switch assembly per year is $10.00, and
Redan Manufacturing uses 2,500 switch assemblies per week and then reorders another 2,500. The relevant carrying cost per switch assembly per year is $10.00, and the fixed order cost is $ 1,250. Suppose the firm manages its inventory over an one year period. What is the Economic Order Quantity ( EOQ)?
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