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ABC Company sells 47,817 chairs a year at an average price per chair of $6.39. The carrying cost per unit is $2.48. The company orders

ABC Company sells 47,817 chairs a year at an average price per chair of $6.39. The carrying cost per unit is $2.48. The company orders 220 chairs at a time and has a fixed order cost of $74.49 per ord...

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