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ABC Auto sells 400 new automobiles a year. It costs $100 to store one automobile for a year. To reorder automobiles there is a fixed
ABC Auto sells 400 new automobiles a year. It costs $100 to store one automobile for a year. To reorder automobiles there is a fixed cost of $60 and a cost per automobile of $50. How many automobiles must be ordered each time to minimize inventory costs?
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