An office supply company is attempting to determine the order quantity for Mt.White fountain pens which are sold to local executives.Annual demand is 5,000 units and each pen costs the store $50.It costs $75 to place an order and the inventory carrying cost rate is 30% of the value of the item.
What values should go in cells B3:B11 of the spreadsheet for this problem if Q = 223.61?
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