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Q. 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) Compute the EOQ for the workbooks.

b) Illustrate what are the Yearly holding costs for the workbooks?

c) Illustrate what are the Yearly ordering costs?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9309435

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