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Determine the optimum number of order per year

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Reference no: EM132741791

The soft goods department sells 156 units per month of a certain bath towel. The unit cost of a towel to the store is $3 and the cost of placing an order has been estimated to be $10. The store uses an inventory carrying charge of 28% per year. Determine the optimum number of order per year. Round answer to 2 decimal places.

Reference no: EM132741791

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