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A firm sells 13,500 units of an item each year. The carrying cost per unit is $.40 and the fixed costs per order are $50.
A firm sells 13,500 units of an item each year. The carrying cost per unit is $.40 and the fixed costs per order are $50. What is the economic order quantity?
1,787 units
1,744 units
1,837 units
1,162 units
1,794 units
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