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ABC Inc. is a retailer that sells 5,500 units / year of a product that it orders from its suppliers at a cost of $730/order.
ABC Inc. is a retailer that sells 5,500 units / year of a product that it orders from its suppliers at a cost of $730/order. Each unit of the product costs $350 to store in its inventory. What is the optimal number of orders per year, if their goal is to minimize their costs? A. 350 B.151 C. 36 D. 51 E. 73
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