The chairs are sold out before they are restocked what is, Financial Management

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The chairs are sold out before they are restocked what is

ABC Company sells 2,055 chairs a year at an average price per chair of $164. The carrying cost per unit is $33.59. The company orders 500 chairs at a time and has a fixed order cost of $79 per order. The chairs are sold out before they are restocked. What is the economic order quantity?

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