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1. A produce distributor uses 3700 packing crates per year. The manager has assigned an annual carrying cost of $8 per crate. Ordering cost is

1. A produce distributor uses 3700 packing crates per year. The manager has assigned an annual carrying cost of $8 per crate. Ordering cost is $30. (a) How much is the order quantity based on EOQ model? (b) How much is the total cost using EOQ model?

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