Business, 19.06.2020 00:57 camila9022
"Weekly demand for a product is 258 units with a standard deviation of 75 units. The cost of placing an order is 75, and the time from ordering to receipt is 3 weeks. The procurement cost (wholesale price) of the product is $10. The annual inventory carrying cost is 10% of the procurement cost of the product. What is the EOQ for this product?"
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