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ABC Company sells 49,131 chairs a year. The carrying cost per unit is $4.22 and the fixed costs per order are 169.87 per order. The
ABC Company sells 49,131 chairs a year. The carrying cost per unit is $4.22 and the fixed costs per order are 169.87 per order. The company orders 105 units each time. The chairs are sold out before they are restocked. What is the economic order quantity?
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