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The annual demand, ordering cost, and the inventory carrying cost rate for a certain item are D=600 units, S=$20/ order and I=30% of item price.

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The annual demand, ordering cost, and the inventory carrying cost rate for a certain item are D=600 units, S=$20/ order and I=30% of item price. Price is established by the following quantity discount schedule. Please fill out with only numbers What should the order quantity be in order to minimize the total annual cost? The company should choose which range

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