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Non-instantaneous economic order quantity

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Reference no: EM132791597

An item has a setup cost for production of $1000 per order, and the inventory carrying costs for the item is $24 per year. The demand for the item is constant at 22 units per day. The production rate is 100 units per day while the item is being produced. What is the non-instantaneous economic order quantity?

Reference no: EM132791597

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