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19-01-2024
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Use the information below to calculate the number of orders per year when using the EOQ (round to the nearest whole number.):
Annual demand for an item is 39,000
Units the cost to place an order is $135
The per unit cost of the item is $65.00
The annual holding rate is 40%
a. 87
b. 123
c. 127
d. 61

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