Question: uantum Quality Bytes is a computer component manufacturer. They use 100 spools of wiring per month in their processes. The wire spools are purchased at

uantum Quality Bytes is a computer component manufacturer. They use 100 spools of wiring per month in their processes. The wire spools are purchased at $20.00 per spool and the annual cost to store a spool is estimated to be 10% of the purchase price. The ordering cost is $42 per order and the company has been placing orders for 1000 spools when resupplying. a. Determine the EOQ, rounded up to the nearest spool

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