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Management Studies

William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics:

Demand D = 19,500 units/year

Ordering cost S = $25/order

Holding cost H = $4/unit/year

a) Calculate the EOQ for the workbooks.

b) What are the annual holding costs for the workbooks?

c) What are the annual ordering costs?

Please show all work written out and not on excel.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91628782

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