Question: Using the data provided and given a constant demand and assuming a 365 day year, how many orders are placed each year? Price = $100

Using the data provided and given a constant demand and assuming a 365 day year, how many orders are placed each year?

Price = $100

Demand = 2,500

Ordering cost = $20

Interest = 6%

Economic Order Quantity = 250

Lag time = 10 days

A. 1

B. 5

C. 10

D. 25

E. Can not tell from the information given

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