Consider the following data for an independent-demand item maintained by Vicki C...
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Consider the following data for an independent-demand item maintained by Vicki Crittenden, the proprietor of a local auto repair shop: Weekly demand = 50 units. Ordering cost = $8/order. Holding cost = $4/unit/year. Weeks in a year = 50. If Crittenden uses the EOQ model, What is the time between placements of orders?
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