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Under the EOQ model, the optimal order quantity of a product used to be 50 units. Having experienced a decrease in ordering cost from $180
Under the EOQ model, the optimal order quantity of a product used to be 50 units. Having experienced a decrease in ordering cost from $180 per order to $20, the revised EOQ should be Note: Assume that everything else stayed the same. 5.56 units 150 units 16.67 units O cannot be determined. 450 units
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