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Malone Corporation orders product from a supplier. Malone has a demand of 4,500 units per year of the product. The order cost that Malone pays each time it places an order is $250. The holding cost per unit per year for the product is $80. What is the optimal order quantity for Malone if it chooses to use an EOQ policy?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91774038

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