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Determine the Economic Order Quantity

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Question 1 - Determine the Economic Order Quantity if annual demand is 1000 units, the ordering cost is $ 625 per order and the annual average cost of holding is $ 5 per unit.

Question 2 - Determine the annual ordering cost if yearly demand is 10000 units, EOQ is 400 units and ordering cost per order is $48.

Reference no: EM133068335

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