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Meyer Stores carries a specialty line of flavored syrups. One of the most popular of these is raspberry syrup which sells, on average, 50 bottles

Meyer Stores carries a specialty line of flavored syrups. One of the most popular of these is raspberry

syrup which sells, on average, 50 bottles per week. Meyer's cost is $8 per bottle. Meyer has determined

its order cost to be $60 and inventory carrying cost is 20 percent. Meyer is open for business 52 weeks per

year.

What is the EOQ for the raspberry syrup?

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