Question: The forecasted demand for a product is 2,000 units annually. The order-processing cost per order is US$40, and the inventory holding cost is US$35/item/year. What

The forecasted demand for a product is 2,000 units annually. The order-processing cost per order is US$40, and the inventory holding cost is US$35/item/year. What is the economic order quantity for this product?

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