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Find the number of order per year

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    Assignment ID: FG133135435

    Question – A company manufactures wooden boxes for that it needs woods to calculate the quantity required EOQ needs to be calculated. Taking the following Assumptions: Ordering Cost = 50 per order; Annual quantity demanded = 4,200 units; Holding cost = 5 per unit 1.

    Required – Find the:

    1. EOQ

    2. Number of order per year

    3. Ordering Cost

    4. Holding Cost

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