Question: #32. (Type 1, 3 points) A large print shop uses average of 246 boxes of copier paper per day. The firm operates 260 days a
#32.
(Type 1, 3 points) A large print shop uses average of 246 boxes of copier paper per day. The firm operates 260 days a year. Inventory carrying cost for a box of paper is $40 a year per box and it costs $200 to order and receive a shipment of paper.
What is the economic order quantity (EOQ)?
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