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Massa Machine Tool expects total sales of $60,000. The price per unit is $10 (Hint, how many units is that). The firm estimates an ordering
Massa Machine Tool expects total sales of $60,000. The price per unit is $10 (Hint, how many units is that). The firm estimates an ordering cost of $25 per order, with an inventory cost of $0.70 per unit. What is the optimum order size?
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