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Choose any one of the following and discuss with examples and your own opinions. a.What are at least the two important relationships of an inventory system (EOQ) you need to recognize in order to apply the best model? OR b. Derive and give an example as

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Choose any one of the following and discuss with examples and your own opinions. 
a.What are at least the two important relationships of an inventory system (EOQ) you need to recognize in order to apply the best model?
OR
b. ​Derive and give an example as well as  explain the total cost expression for the EOQ model

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