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Question
Calculate the economic ordering quantity for Nashville Records Inc., given the following information:
Sales = 15,000 units per year
Sales price = $10 per unit
Purchase price = $5
Carrying cost = 0.25 times inventory value
Fixed cost per order = $1,000
a. 3,464 units
b. 4,899 units
c. 346 units
d. 490 units
e. 1,549 units
Answer
This answer is hidden. It contains 11 characters.
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