A firm has the following inventory characteristics: Demand = 52,000 units/year. ...
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A firm has the following inventory characteristics: Demand = 52,000 units/year. Ordering costs = $45/order. Holding costs = $0.50/unit/year. Cycle-service level = 90%. Lead time = 2 weeks. Number of weeks per year = 52 weeks. What is the EOQ for this item?