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Business, 08.04.2020 00:43 joesalem215

Athletic Sports Store sells tennis rackets. The store orders the rackets from a supplier at a cost of $250 per order. The store estimates that the annual carrying cost is 25% of the purchase price, which is $40 per unit per year. The store annual demand is estimated to be 20,000 rackets. What is the EOQ, the total number of orders required during the year, and the total annual cost?

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