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The annual demand for a product is 4 5 0 , 0 0 0 units. The manufacturer currently charges $ 5 per bottle, and the
The annual demand for a product is units. The manufacturer currently charges $ per bottle, and the retailer incurs an annual holding cost of percent. Each time, the retailer orders units. The manufacturer has offered a discount of $ on all units purchased by retailers over the coming month. Assuming that the retailer would not pass the discount on to the customers, what would be the forward buy?
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