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Assignment Economics: Calculate the EOQ – Economic Order Quantity.

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For this assignment you are asked to pick one item from the business/service your previously introduced.

For this item, you are asked to calculate the EOQ – Economic Order Quantity. A good place to start is by watching this week’s video.

When determining the numbers for the variables needed to perform the calculation, be realistic. Research what the actual numbers could be and provide and explanation/rationale for choosing the numbers.

Perform the calculation and explain what the result means to your business.

The post Assignment Economics: Calculate the EOQ – Economic Order Quantity. appeared first on Solved Problems.

 
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