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The annual demand for a product is 1 2 , 0 0 0 units, the ordering cost is $ 2 0 0 per order, and

The annual demand for a product is 12,000 units, the ordering cost is $200 per order, and the holding cost is $2 per unit per year. What is the closest value of Economic Order Quantity (EOQ)?
A)100 units
B)300 units
C)600 units
D)900 units
E)1,200 units
F) None of the above
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