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QUESTION 7 A certain type of computer costs $ 5 0 per unit, and the annual holding cost is 2 0 % of the value

QUESTION 7
A certain type of computer costs $50 per unit, and the annual holding cost is 20% of the value of the item. Annual demand is 10,000 units, and the order cost is $200 per order. What is the approximate economic order quantity?
A.110
B.346
C.400,000
D.632
E.985
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