What is the economic order quantity

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Problem: XYZ is a retailer and sells 180,000 units per year. It purchases from a single supplier. Fixed costs per order are $933 and carrying cost is $11 per unit. How many units should XYZ purchase per order? That is, what is the Economic Order Quantity?

Required:

Enter the answer rounded off to two decimal points.

Reference no: EM132459990

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