For a product A, monthly demand is 2000 units, the ordering cost is $160 per order and the holding cost is $2.50 per unit per year, which of the following is the order quantity that minimizes annual ordering and holding costs?
a. 576
b. 1753
c. 506
d. 1239
e. 2000
Answers: 3
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For a product A, monthly demand is 2000 units, the ordering cost is $160 per order and the holding c...
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