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An appliance store sells HDTVs. Annual demand is estimated at 1,000 units. The cost to carry an HDTV in inventory for one year is $500,

An appliance store sells HDTVs. Annual demand is estimated at 1,000 units. The cost to carry an HDTV in inventory for one year is $500, and the cost to place an order for HDTVs is $400:

How many HDTVs should be ordered each time an order is placed?

How many orders per year should be placed?

What are the annual inventory and ordering costs?

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