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Gilvarry Ornaments Ltd has a weekly demand of 200 units for a particular type of ornament and they operate for 50 weeks per annum. If

Gilvarry Ornaments Ltd has a weekly demand of 200 units for a particular type of ornament and they operate for 50 weeks per annum. If ordering cost is 100 per order placed and holding cost is 1 per item per annum what is the economic order quantity?

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