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XYZ is a retailer and sells 116,000 units per year. It purchases from a single supplier. Fixed costs per order are $921 and carrying cost
XYZ is a retailer and sells 116,000 units per year. It purchases from a single supplier. Fixed costs per order are $921 and carrying cost is $13 per unit. How many units should XYZ purchase per order? That is, what is the Economic Order Quantity? Enter your answer rounded off to two decimal points. Margin for error: +/1
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Ethics In Finance
Authors: John R. Boatright
3rd Edition
1118615824, 978-1118615829
