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Michael Electronic sells 3, 600 cable TV boxes per year. It pays $65 for each box. Ordering costs are $31 per order. Inventory carrying costs

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Michael Electronic sells 3, 600 cable TV boxes per year. It pays $65 for each box. Ordering costs are $31 per order. Inventory carrying costs are 20 percent of the purchase price. Compute the optimal quantity of boxes to be purchased per order. Annual Demand = ? Ordering Cost = ? Inventory carrying costs = ? Optimal Order Quantity EOQ = A large bakery buys sugar in 100-lb bags. The bakery uses an average of 1.344 bags per year. Preparing the order and receiving a shipment of sugar involves a cost of $3 per order. Annual inventory carrying costs are $14 per bag. Computer the optimal order quantity

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