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Below Is the Spreadsheet for an Economic Order Quantity Model

Question 36

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Below is the spreadsheet for an economic order quantity model.
Below is the spreadsheet for an economic order quantity model. Assume that the distribution of demand is normal with a mean of 20,000 and standard deviation of 2,000.The increase in total cost is calculated by adding the holding cost and the ordering cost.
Assume that the distribution of demand is normal with a mean of 20,000 and standard deviation of 2,000.The increase in total cost is calculated by adding the holding cost and the ordering cost.

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