A product has a demand of 507 units per year ordering cost
A product has a demand of 507 units per year. Ordering cost is $71 per order, and holding cost is $9 per unit per year. The cost-minimizing solution for this product is to order how many units at a time? (round to the nearest integer)
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a company orders 925 of its product during each order cycle and the economic order quantity assumption of constant
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