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The demand of a purchased product is 1,000 units annually. The inventory holding cost factor is 20% and the unit cost is $50. The cost
The demand of a purchased product is 1,000 units annually. The inventory holding cost factor is 20% and the unit cost is $50. The cost of placing an order is $200. What is the total cost of the EOQ system?
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Government and Not for Profit Accounting Concepts and Practices
Authors: Michael Granof, Saleha Khumawala, Thad Calabrese, Daniel Smith
7th edition
1118983270, 978-1119175025, 111917502X, 978-1119175001, 978-1118983270
