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The following information has been recorded for Model B manufactured by JKL Enterprises:
Annual ordering costs$4,000
Annual carrying costs$6,000
Average inventory level of Model B300
Orders per year40
Average daily demand36
Working days per year250
Problem 1: The EOQ for Model B is
Select one:
a. None of the aboveb. 300c. 110d. 1,639
Explain what would be a product manufactured by a developing country.
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