How many orders should be placed based on eoq
Problem
A company with an inventory that has a $2.5 per unit carrying cost. The fixed order cost is $100 per order and the firm sells 70,000 units per year. How many orders should be placed based on EOQ?
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A company with an inventory that has a $2.5 per unit carrying cost. How many orders should be placed based on EOQ?
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