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QUESTION
A company currently has an inventory item that is vital to its production process and costs $2,675. The company uses 1413 units of the item per year...
1.A company currently has an inventory item that is vital to its production process and costs $2,675. The company uses 1413 units of the item per year and order costs are $102 per order. If the carry costs are $209 per unit what is the EOQ? （answer is: 37）
