Multiple Choice
For a particular product,the total number of orders per year is 40,the number of working days in the year is 320,and the EOQ is 300.Given this information,which of the following statements is true?
A) The time between orders cannot be calculated.
B) The time between orders is 7.
C) The annual demand is 12,000.
D) The annual demand cannot be calculated.
Correct Answer:
Verified
Correct Answer:
Verified
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