Multiple Choice
In the EOQ model with planned shortages,if annual demand is 100,holding cost is $400,ordering cost is $20,and back-order cost is $200,the quantity back-ordered per replenishment cycle,rounded to the next whole number,is:
A) 3
B) 4
C) 5
D) 7
E) 20
Correct Answer:
Verified
Correct Answer:
Verified
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