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ABC Company sells 37,029 chairs a year. The carrying cost per unit is $5.22 and the fixed costs per order are 35.25 per order. The

ABC Company sells 37,029 chairs a year. The carrying cost per unit is $5.22 and the fixed costs per order are 35.25 per order. The company orders 397 units each time. The chairs are sold out before they are restocked. What is the economic order quantity?


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