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KMO Inc. is a retailer that sells 7,210 units/year of a product that it orders from its supplier at a cost of $900/order. Each unit
KMO Inc. is a retailer that sells 7,210 units/year of a product that it orders from its supplier at a cost of $900/order. Each unit of the product costs $260 to store in its inventory. What is the optimal number of orders per year, if their goal is to minimize their costs? a. 32 b. 900 c. 223 d. 260 e. 46
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