Question: 56) A certain type of computer costs $10 per unit, and the annual holding cost is 25% of the value of the item. Annual demand

56) A certain type of computer costs $10 per

56) A certain type of computer costs $10 per unit, and the annual holding cost is 25% of the value of the item. Annual demand is 1,000 units, and the order cost is $150 per order. What is the approximate economic order quantity? A) 120,000 B) 866 C) 110 D) 1095 E) 346

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