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Business, 19.10.2021 01:50 nikkierubio2007

Assume that you used the EOQ model to compute the order quantity for an item, and the answer was twenty (20) units. Unfortunately, the minimum lot size for the item you must purchase is twenty-four (24) units. Discuss how this is going to impact your annual holding cost, annual order cost and your TC (annual total inventory cost).

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Assume that you used the EOQ model to compute the order quantity for an item, and the answer was twe...
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