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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 450,000 units. The manufacturer currently charges $5 per bottle, and the retailer incurs an annual holding cost of 10 percent. Each time, the retailer orders 9,000 units. The manufacturer has offered a discount of $0.10 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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