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What Is the Economic Order Quantity If the Annual Demand

question 35

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What is the economic order quantity if the annual demand is 10,000 units,set up cost of placing each order is $3 and the holding cost per unit per year is $2?


Definitions:

Salesperson

An individual who sells products or services to customers, aiming to meet or exceed sales targets.

Electronic Vending Machine

An automated machine that provides items such as snacks, beverages, and other products to consumers after money, a credit card, or a specially designed card is inserted into the machine.

No-need

The situation where a potential customer or market does not exhibit a demand or interest in a particular product or service.

Stalling Objection

A type of resistance or hesitation raised by a prospect in a sales situation, often indicating a delay in decision-making rather than outright refusal.

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