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Assumptions of the basic eoq model

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Sonny Lawler's law office uses EOQ models to manage their office supplies. They've been ordering ink refills for their printers in quantities of 60 units. The firm estimates carrying cost at 30% of the $10 unit cost and that annual demand is about 270 units per year. The assumptions of the basic EOQ model are thought to apply. For what value of ordering cost would its action be optimal?

Reference no: EM132741895

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