How many should ray order each time

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Reference no: EM131669534

Ray's Satellite Emporium wishes to determine the best order size for its best-selling satellite dish (model T$111).Ray has estimated the annual demand for this model at 1, 600 units. His cost to carry one unit is $125 per year per unit, and he has estimated that each order costs $16 to place.

Using the EOQ model, how many should Ray order each time? (Round your answer to the nearest whole number) Optimal order quantity units.

Reference no: EM131669534

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