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Suppose in an inventory management scenario we are using the Exonomic Order Quantity to set the order quantity for a particular item. For this item, we have the following information: Demand (Annual): 2,200 Ordering Cost: $58 Holding Cost (Per Year Per Unit): $13 What will be the EOQ for this item? (Round your answer to the nearest whole number.)

Suppose in an inventory management scenario we are using the Exonomic Order Quantity to set the order quantity for a particular item. For this item, we have the following information: Demand (Annual): 2,200 Ordering Cost: $58 Holding Cost (Per Year Per Unit): $13 What will be the EOQ for this item? (Round your answer to the nearest whole number.)

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Suppose in an inventory management scenario we are using the Exonomic Order Quantity to set the order quantity for a particular item. For this item, we have the following information: Demand (Annual): 2,200 Ordering Cost: $58 Holding Cost (Per Year Per Unit): $13 What will be the EOQ for this item? (Round your answer to the nearest whole number.)
Transcribed Image Text:Suppose in an inventory management scenario we are using the Exonomic Order Quantity to set the order quantity for a particular item. For this item, we have the following information: Demand (Annual): 2,200 Ordering Cost: $58 Holding Cost (Per Year Per Unit): $13 What will be the EOQ for this item? (Round your answer to the nearest whole number.)
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