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If I am the exclusive producer of T product and I know that 2000 items demanded each year at a uniform rate. The cost of

If I am the exclusive producer of "T" product and I know that 2000 items demanded each year at a uniform rate. The cost of ordering each shipment is $1000, and the cost of storage is $16 per item per year. How many items in each order would minimize the total cost?

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