Question: A perishable dairy product is ordered daily at a particular supermarket. The product costs $ 1 . 1 9 per unit and sells for $

A perishable dairy product is ordered daily at a particular supermarket. The product costs $1.19 per unit and sells for $1.65. If units are unsold at the end of the day, the supplier takes them back at a refund of $1. What is the EOQ?

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