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When calculating the economic order quantity, we use the equation below; S = usage in units per period, O = cost per order, C =
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When calculating the economic order quantity, we use the equation below;
S = usage in units per period, O = cost per order, C = carrying cost per unit per period, and Q = order quantity in units (quantity per order).
What is the EOQ when C = 0, practically what does it means?
What is the EOQ when O = 0, practically what does it means?
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