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Every year ABC Corp. sells 2,300 units of its product. It is charged $40.30 every time it reorders from its supplier and its inventory holding
Every year ABC Corp. sells 2,300 units of its product. It is charged $40.30 every time it reorders from its supplier and its inventory holding costs are $13.70 per unit. In order to minimize overall inventory costs, what would be the firm's average number of units that it holds? a. 82 b. 233 c. 41 d. 58 e. 116
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