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The following data is related to an item of raw material Unit cost $20 Usage per week 500 units Order cost Annual holding cost
The following data is related to an item of raw material Unit cost $20 Usage per week 500 units Order cost Annual holding cost $735 10% of unit cost . Number of weeks in a year 48 Calculate the economic order quantity, to the nearest unit. O a. 3,098 units O b. 978 units O c. 4,200 units O d. 1,386 units
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