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What is the eoq for these books

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Reference no: EM132398557

Problem 1: Joe's training school stocks the books needed. Annual demand for the books is 20,000 units. It costs $25 to place an order. It costs $4 to hold one book one year

What is the EOQ for these books?

What is the annual holding cost?

What is the annual ordering cost?

If we double the holding cost,

by what percent does the EOQ change?

by what percent does the Total Cost of the ordering policy change?

Reference no: EM132398557

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