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Calculate the EOQ for Each of the Following Independent Scenarios

Question 62

Essay

Calculate the EOQ for each of the following independent scenarios:  Scenario 1  Scenario 2  Scenario 3  Annual requirement (in units) 14,5602,080660 Annual holding cost per unit 53010 Cost per order 3002030\begin{array}{lccc}& \text { Scenario 1 } & \text { Scenario 2 } & \text { Scenario 3 } \\\text { Annual requirement (in units) } & 14,560 & 2,080 & 660 \\\text { Annual holding cost per unit } & 5 & 30 & 10 \\\text { Cost per order } & 300 & 20 & 30\end{array}

Correct Answer:

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Scenario 1: √[(2)(14,560 x 300...

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