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A certain type of computer costs $ 1 , 0 0 0 , and the annual holding cost is 2 5 % of the value

A certain type of computer costs $1,000, and the annual holding cost is 25% of the value of the item. Annual demand is 10,000 units, and the order cost is $150 per order. What is the approximate economic order quantity?
Select one:
a.16
b.110
c.600
d.70
e.183

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