An office currently ordrs ink refills 60 units at a time, Ask an Expert

Management Studies

An Office currently ordrs ink refills 60 units at a time. The firm estimates taht the ordering cost is $30 and that annula demand is about 240 untits per year. The assumptions of the basic EOQ model are though to apply. For what value of holding cost would its current quantity be optimal. Explain clearly.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92447723

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