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A Sports Retailer Expects to Sell 120 Sweat Suits at a Steady

Question 82

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A sports retailer expects to sell 120 sweat suits at a steady rate over the course of the coming year. The cost of placing an order with the wholesaler is $40. The annual inventory cost per sweat suit is $6 based on the average inventory level. Determine the economic order quantity for the suits (i.e., determine the order size that minimizes ordering and inventory expenses).
Enter just an integer (no words or units).

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