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Business, 01.07.2020 22:01 grumpygreengori

Using the EOQ model, the total inventory cost for a given lot size is calculated. You notice that the resulting annual holding cost is 10% higher than annual ordering cost. You can conclude that, compared to the optimal lot size (EOQ), this lot size is:

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Using the EOQ model, the total inventory cost for a given lot size is calculated. You notice that th...
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