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The annual sales of a car are $1 billion (i.e. $1,000,000,000). The sale price is $19,800 per car. The cost of placing an order is

The annual sales of a car are $1 billion (i.e. $1,000,000,000). The sale price is $19,800 per car. The cost of placing an order is $980. The annual carrying cost per car is 2% of the sale price. What is the optimal order quantity?

500

505

354

520

495

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