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We use 1,200 of a certain spare part that cost $25.00 for each order and has a $24.00 annual holding cost. find out the total cost for order sizes of: 25,40,50,60,and 100. Identify the economic order quantity and consider the implications for making an error in calculating the economic order quantity.

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9114150

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