Determine best order size for its bestselling satellite dish

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Reference no: EM13964374

Ray’s Satellite Emporium wishes to determine the best order size for its bestselling satellite dish (model TS111). Ray has estimated the annual demand for this model at 1,000 units. His cost to carry one unit is $100 per year per unit, and he has estimated that each order costs $25 to place. Using the EOQ model, how many should Ray order each time?

Reference no: EM13964374

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