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Business, 07.04.2020 17:05 blackboy21

A company is planning for its financing needs and uses the basic fixed-order-quantity inventory model. For an annual demand of 10,000, setup cost of $32, a holding cost per unit per year of $4, an a cost per unit of inventory of $150, calculate Economic Order Quantity (EOQ) andthe total cost (TC) of the inventory.

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