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Determine the economic order quantity

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Point 1: The Pinewood Company is trying to determine the optimal order quantity of sofas. Annual sales of sofas are 900 units at a retail price of $300. The cost of carrying sofas is $1 per month per sofa. It costs $37.50 to prepare and receive an order.

Question 1: Determine the economic order quantity

Reference no: EM132476736

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