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Luigi's Pie Castle uses 6 0 boxes of whole wheat flour per month. The whole wheat flour is purchased from a distributor for a price

Luigi's Pie Castle uses 60 boxes of whole wheat flour per month. The whole wheat flour is purchased from a distributor for a price of $80 per box and an ordering cost of $20 per each order. Luigi's Pie Castle's annual inventory holding cost percentage is 40% of the cost per box. What is the EOQ for the whole wheat flour?

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