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You continue your distinguished career as an Inventory Management Specialist. You are working for a place which figures on 3 6 0 working days per
You continue your distinguished career as an Inventory Management Specialist. You are working for a place which figures on working days per year.
Your boss is talking to you. He says, So we've implemented this EOQ policy, and I hope we did it right. It has reduced costs. It is showing our total costs have gone down to about $ per year. Of this, $ is attributed to ordering setup costs, and the rest is attributed to holding costs."
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