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Economic Order Quantity Melchar Company uses 102,305.33 pounds of oats each year. The cost of placing an order is $18, and the carrying cost for

Economic Order Quantity Melchar Company uses 102,305.33 pounds of oats each year. The cost of placing an order is $18, and the carrying cost for one pound of oats is $0.48. Required: 1. Compute the ec

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