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A small mail-order company uses 18000 boxes a year. Holding cost rate is 20 percent of unit cost per year, and ordering cost is $32
A small mail-order company uses 18000 boxes a year. Holding cost rate is 20 percent of unit cost per year, and ordering cost is $32 per order. The unit cost is $5. Find the number of workdays in an order cycle if the company operates 300 days a year. Round your answer to 4 decimal places
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