product has a demand of 10,000 units per year. Ordering cost is RO 60, and holding...

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business Operations-Management

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The answer is based on the economic order quantity (EOQ) and i have solved it in a better way and explained it well .

Given Data, Demand = 10,000 units /year ordering Cost = 60/unit Holding cost 4/unit The formula of EOQ is : EOQ stands for Ec

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