Question: Determine the following economic order quantity based on units (round up to nearest integer) Annual usage 5500 units annual purchase cost in dollars 70000 ordering

Determine the following economic order quantity based on units (round up to nearest integer)

Annual usage 5500 units

annual purchase cost in dollars 70000

ordering cost $50

carrying cost rate %20

a 742

b 416

c 465

d 1066

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