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In the EOQ Model with Planned Shortages,if Annual Demand Is

Question 70

Multiple Choice

In the EOQ model with planned shortages,if annual demand is 500,holding cost is $200,ordering cost is $15,and back-order cost is $400,EOQ (rounded to the next whole number) is:


A) 8
B) 9
C) 11
D) 13
E) 113

Correct Answer:

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