A product has total usage of 1000 over the course of the


A product has total usage of 1,000 over the course of the year. Each item costs $20. The transactional order cost from procurement is $50 each transaction and the annual carrying cost is 10% of the total annual cost. Calculate the EOQ.

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Operation Management: A product has total usage of 1000 over the course of the
Reference No:- TGS01385279

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