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Bysan Inc. expects to sell 350,000 foldable cellphones this year. The cost of placing an order from its supplier is $1,200. Each phone costs $950

Bysan Inc. expects to sell 350,000 foldable cellphones this year. The cost of placing an order from its supplier is $1,200. Each phone costs $950 and carrying costs are 10% of the purchase price. What is the economic order quantity?

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