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Each year you sell 950 units of a product at a price of $899 each. The variable cost per unit is $575 and the carrying
Each year you sell 950 units of a product at a price of $899 each. The variable cost per unit is $575 and the carrying cost per unit is $16.90. You have been buying 100 units at a time. Your fixed cost of ordering is $60. What is the economic order quantity? please show work
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