Question: Find the economic order quantity and the reorder point for the following information: annual demand is 22,500 units, order cost is $70 per order, annual

Find the economic order quantity and the reorder point for the following information: annual demand is 22,500 units, order cost is $70 per order, annual inventory carrying cost is $5 per unit, the order lead time is 10 days, and the business operates 300 days per year.

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