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Your company has used the EOQ model to determine your order quantity of 3000 units for some time. Indeed, you have been ordering this amount

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Your company has used the EOQ model to determine your order quantity of 3000 units for some time. Indeed, you have been ordering this amount for such a long time that you can't even remember all of the values of the model parameters you used to calculate it. Here is what you do know: The average annual holding cost corresponding to your order quantity is $72,000

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