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A company orders a product from an outside supplier. The annual demand for the product is 69,500 units, and each time an order is placed
A company orders a product from an outside supplier. The annual demand for the product is 69,500 units, and each time an order is placed the company incurs an ordering cost of $250. The company's annual carrying charge is 25% of the item's cost of $69 per unit. What order quantity minimizes the company's total annualized inventory-related costs? The economic order quantity is units. (Enter your response rounded to the nearest whole number.)
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