Economic order quantity with annual planning period

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KMC Incorporated uses 150,000 shafts per month in the production of sets of golf clubs. The cost of carrying in inventory is $0.50 per shaft per year, and the cost of ordering the shafts is $150 per order. The firm uses. Constant rate throughout the year and holds no safety stock. The economic order quantity (EOQ) with an annual planning period is:

Reference no: EM13836257

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