Xylex Corporation has an annual demand of 110,000 units for its products. Its carrying cost per unit is $0.37, and its order costs are $50 per order. Given this information, calculated the number of orders the company will make during the year.
A) 22 orders
B) 21 orders
C) 20 orders
D) 19 orders
E) 18 order
Correct Answer:
Verified
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