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Tiger Treasures, Inc. is an online retailer selling AU souvenirs. Its best - selling SKU is a blinking button that flashes the phrase AU
Tiger Treasures, Inc. is an online retailer selling AU souvenirs. Its bestselling SKU is a blinking button that flashes the phrase AU # in orange and blue lights. The company buys the product from a supplier in Memphis who uses FedEx for guaranteed delivery within hours of being ordered. It costs $ to place an order, and the button is held in inventory at a cost of $ each. Annual demand is buttonsyear and the company operates The lead time is constant at day, but the demand is variable with a standard deviation of The company's service level target is and inventory holding costs are estimated to be per year.
What is the Economic Order Quantity?
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