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The annual demand for an office supply company is 20,000 units. Its costs $30.00 to place an oder and the holding cost per unit per year is $2.00. Th company places an order on a quarterly basis. How much company will save its annual inventory cost if its order is based on Economic order quantity(EOQ)?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92181840

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