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Author Question: Calculate the EOQ size for the following case. What is the EOQ size and the number of orders placed ... (Read 31 times)

jenna1

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on: Aug 1, 2018
Calculate the EOQ size for the following case. What is the EOQ size and the number of orders placed per quarter? For your answer, round up the figures up to 0 decimal points. (size/number) The average demand for the item is 540 units per quarter. It costs 150 to place an order. The item's price is 250 per unit and carrying cost ratio for the year is 20.
 a. 147 units/4 times per quarter c. 74 units/15 times per quarter
  b. 147 units/15 times per quarter d. 74 units/8 times per quarter

Question 2

Independent samples are those for which the selection process for one is not related to the selection process for the other.
  Indicate whether the statement is true or false


iman

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Reply #1 on: Aug 1, 2018
Answer to Question 1

A

Answer to Question 2

T


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