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QUESTION
Company uses the EOQ model to decide on the order size for a particular product, since demand is quite predictable and varies little from week to...
Company uses the EOQ model to decide on the order size for a particular product, since demand is quite predictable and varies little from week to week. Last year, 25 orders were placed for a product. This year the demand is expected to double. Approximately how many orders will be placed for the product this year?
