Best Bytes sells 5,000 boxes of CD-RW compact discs per year. They determined that they pay $50
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Best Bytes sells 5,000 boxes of CD-RW compact discs per year. They determined that they pay $50 to process an order for discs. The purchase price is $6 for each box of discs and they have determined that storage costs for one year are 25 percent of the purchase price.
What is the approximate economic order quantity?
Related Book For
Statistics The Exploration & Analysis of Data
ISBN: 978-1133164135
7th edition
Authors: Roxy Peck, Jay L. Devore
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