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A retailer sells 510 televisions a year. Each at $938. If the annual rate paid to maintain inventory is 0.37% and each order that arrives
A retailer sells 510 televisions a year. Each at $938. If the annual rate paid to maintain inventory is 0.37% and each order that arrives per month requested from the supplier costs $726 to place. How many pieces should you have when placing an order to ensure that the retailer does not run out of products to sell?
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