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Economics

Question: XYC co. purchases an item. The annual demand for this item is 30000 units. The ordering cost is 80$ per order. The holding cost is 15$ per unit per year.? The lead time for this item is 3 days. Assume 250 working days per year. Find:

a) Economic order quantity, EOQ

b) Average inventory if EOQ is used.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92740746

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