Question: Eagle Electronics uses a Q - model to make inventory decisions about a replacement part for a laptop computer. Annual demand has been forecast to

Eagle Electronics uses a Q-model to make inventory decisions about a replacement part for a laptop computer. Annual demand has been forecast to be 3600 units, while it costs $9 to hold unit for a year and $200 to place an order. The order lead time is 4 days and a service level of 98% is desired. What is the economic order quantity?

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