In the EPQ model, given that Q is the optimal production quantity, d is the demand rate, p is the production rate, and H is the holding cost per unit per year, the total annual holding cost equation is given by ______.

a. [Q/2 × ((d-p)/p)]
b. [Q × ((p-d)/p)] × H
c. [Q/2 × ((p-d)/p)] × H
d. Q/2 x H


c. [Q/2 × ((p-d)/p)] × H

Business

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