Variety of sneakers and sandals

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Nike has a variety of sneakers and sandals. The air Jordan sell for $70 at these stores during the summer season. Demand varies uniformly between 300 and 500 per year. Once the season is over, NIKE sells these sneakers at a price of $25 rather than carrying them for an additional period of time. What is the order quantity assuming that the cost of procurement per pair of sneakers is $50?

Reference no: EM131714621

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