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JoeFit, Inc. is using the basic FOQ model to manage its inventory for K 2 microprocessors. The setup cost per order is $ 2 0
JoeFit, Inc. is using the basic FOQ model to manage its inventory for K microprocessors. The setup cost per order is $ and the inventory carrying cost is $ per chip per year. Suppose the company is placing the optimal order quantity in each order and the resulting combined annual setup plus carrying costs are $ What is the annual demand of the K microprocessors?
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