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A Firm Has Determined That Its Optimal EOQ Ordering Quantity

Question 115

Multiple Choice

A firm has determined that its optimal EOQ ordering quantity is 1,250 units for a certain product. If average daily demand is 90 units, what should the review period for this product be?


A) 100 days
B) 0.07 days
C) 13.8 days
D) Review period cannot be determined from the information given

Correct Answer:

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