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A firm expects to sell 1000 units of its best-selling product in the coming year. Ordering costs for this product are $100 per order, and

A firm expects to sell 1000 units of its best-selling product in the coming year. Ordering costs for this product are $100 per order, and carrying costs are $2 per unit. Compute the optimum order size, using the EOQ model.

10 units 224 units 317 units 448 units

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