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William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics:
Demand D= 19,500 units/year
Ordering cost S= $25/order
Holding cost H= 4/unit/year

a) Calculate the EOQ for the workbooks.

b) What are the annual holding costs for the workbooks?

c) What are the annual ordering costs?

Operation Management, Management Studies

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