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Business, 26.08.2019 19:00 stephany6523

The wood furniture company produces a specialty wood furniture product, and has the following information available concerning its inventory items: relevant ordering costs per purchase order $300 relevant carrying costs per year: required annual return on investment 10% required other costs per year $2.80 annual demand is 20,000 packages per year. the purchase price per package is $32. what is the economic order quantity? a. 1,414.21 units b. 3,464.00 units c. 2,000,000 units d. 150,000 units

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