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You Sell 7,000 Units of an Item Each Year

Question 199

Multiple Choice

You sell 7,000 units of an item each year. The carrying cost per unit is $1.10 and the fixed costs per order are $75. What is the economic order quantity?


A) 691 units
B) 713 units
C) 859 units
D) 977 units
E) 1,025 units

Correct Answer:

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