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1. If the setup cost doubles, how much does the optimal order quanitity increase? 2. A standard pallet holds 110 parts.The cost of ordering parts

1. If the setup cost doubles, how much does the optimal order quanitity increase?

2. A standard pallet holds 110 parts.The cost of ordering parts is $20.The annual demand is 300.The cost of holding inventory is $1 per part year.What is the correct amount of inventory to order?

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