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A retailer expects to sell about 150 units of product per year. The storage space taken up in his store by one unit of this product costs $20 per year. If the cost associated with ordering is $35 per order, what is the EOQ if interest rates are expected to be 10% per year and the total cost of one unit is $100?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92517570

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