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The total demand for a product = 3 , 1 6 8 units per year The holding cost is AUD 3 . 4 per unit
The total demand for a product units per year
The holding cost is AUD per unit per year
Economic Order Quantity EOQ units
REQUIRED:
Determine the ordering cost in AUD for a single order.
Important Instruction: Write your answer up to two decimal places.
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