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Excel Electronics Inc. is optimizing its inventory management by calculating the Economic Order Quantity (EOQ). The company's annual demand is 10,000 units, ordering cost is

Excel Electronics Inc. is optimizing its inventory management by calculating the Economic Order Quantity (EOQ). The company's annual demand is 10,000 units, ordering cost is $100 per order, and holding cost per unit is $2. Calculate the EOQ for Excel Electronics Inc. and analyze the impact on inventory carrying costs.

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