Question: McDuff Enterprises has a SKU: 1 2 3 4 5 6 7 that has following inventory data: previous 1 2 months demand was 1 ,

McDuff Enterprises has a SKU: 1234567 that has following inventory data: previous 12 months demand was 1,250 units, order cost is $100, item value is $500 and inventory carrying ocst are 25%.
What is the Economic Order Quantity (EOQ) in dollars?

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