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The Universal Computer Company uses a newly developed A1 chip in the manufacturer of their tablet computers. The estimated annual demand for this chip is

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The Universal Computer Company uses a newly developed A1 chip in the manufacturer of their tablet computers. The estimated annual demand for this chip is 12,000 units. It is estimated that the cost to place an order is $75, and the holding cost for each chip is $20 per year. The company operates 320 days per year. What is the economic order quantity for the A1 chip? greater than 250 units but less than or equal to 300 units greater than 200 units but less than or equal to 250 units greater than 300 units less than or equal to 200 units

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