Value of holding cost would its current quantity be optimal

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Reference no: EM131639016

An Office currently ordrs ink refills 60 units at a time. The firm estimates taht the ordering cost is $30 and that annula demand is about 240 untits per year. The assumptions of the basic EOQ model are though to apply. For what value of holding cost would its current quantity be optimal. Explain clearly.

Reference no: EM131639016

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