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A cookie company uses 50,000 lbs. of sugar syrup per year. It orders the syrup in quantities of 2500 lbs. If its cost per order

A cookie company uses 50,000 lbs. of sugar syrup per year. It orders the syrup in quantities of 2500 lbs. If its cost per order is $90 and the cost of storing the syrup is $1 per pound per year.

The company managing its inventory of sugar syrup in an optimal manner?

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