Business, 06.05.2020 02:21 rylanzuk

A product has demand of 4000 units per year. Ordering cost is $20 and holding cost is $4 per unit per year. The EOQ model is appropriate. The cost- minimizing solution for this product will cost per year in total annual inventory costs.

a. $400
b. $800
c. $1200

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A product has demand of 4000 units per year. Ordering cost is $20 and holding cost is $4 per unit pe...

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