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Hurry Inc. buys items for $75.00 each. It costs $290.00 to place an order with the supplier. Annual demand is 22,000 units, and the annual

Hurry

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Inc. buys items for $75.00 each. It costs $290.00 to place an order with the supplier. Annual demand is 22,000 units, and the annual holding costs are charged at 14%. (a) Find the economic order quantity and the optimal time between orders. The annual number of items demanded D is The fixed cost per order Co is: Enter I in decimal form (i.e. 0.03 instead of 3.00%) The annual holding cost rate I is: The unit cost of the inventory item C is: Round your answer for Ch to 2 decimals. The cost of holding one item in inventory for one year Ch is: Round your answer for Q * to the nearest whole number. The economic order quantity is Q" Round your answer for T'* to the nearest whole number

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