A company decides to market its products more aggressively. Current sales are 60,000 units per year and
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A company decides to market its products more aggressively. Current sales are 60,000 units per year and are expected to increase by 20%. Carrying costs are $0.50 per unit, and order costs are $10.00. The firm wants to minimize its inventory costs. Calculate the company’s current economic ordering quantity.
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