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If annual demand is 12,000 units, the ordering cost is $6 per order and the holding cost is $2.50 per unit per year, which of the following is the optimal order quantity using the fixed-order quantity model? (show breakdown)

A) 576
B) 240
C) 120.4
D) 60.56
E) 56.03

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Project Management, Management Studies

Category:- Project Management
Reference No.:- M9357302

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