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Appliance for Less is a local appliance store. It costs this store $15.85 per unit annually for storage, insurance, etc., to hold microwave in their
Appliance for Less is a local appliance store. It costs this store $15.85 per unit annually for storage, insurance, etc., to hold microwave in their inventory. Sales this year are anticipated to be 668 units. Each order costs $66. The company is using Economic Order Quantity model in placing the orders.
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