Question: Problem 11-18 Demand for an item is 1,900 units per year. Each order placed costs $25; the annual cost to carry items in inventory is
Problem 11-18
Demand for an item is 1,900 units per year. Each order placed costs $25; the annual cost to carry items in inventory is $4 each. In what quantities should the item be ordered? (Round your answer to the nearest whole number.)
| Optimal order quantity | units | |
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