Find eoq and optimum time between orders

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Reference no: EM13106546

An industrial machine tools manufacturer supplies replacement parts from its inventory. For a particular part, the annual demand is expected to be 750 units. Machine setup costs are $50, carrying costs are 25 percent per year, and the part is valued in inventory at $35 each. Find EOQ and optimum time between orders.

Reference no: EM13106546

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