Question 1 A manufacturer uses 100,000 components costing $1 each at a constant rate throughout the year. The cost of ma
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Question 1 A manufacturer uses 100,000 components costing $1 each at a constant rate throughout the year. The cost of ma
Question 1 A manufacturer uses 100,000 components costing $1 each at a constant rate throughout the year. The cost of making a single order for more components is $10 and the holding costs for each component are 0.5% of the average inventory value. What is the EOQ?