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A furniture wholesaler has setup (ordering) costs of $28 per order and a holding cost of $7 per unit over the course of one year
A furniture wholesaler has setup (ordering) costs of $28 per order and a holding cost of $7 per unit over the course of one year and a purchase cost per unit of $13. If annual demand for the furniture they are selling is 2050 units, what is the optimal quantity of furniture they must order from their manufacturer? Note: 1- Do not round any intermediate numbers. 2- Round your final answer to the nearest integer
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