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Each Year You Sell 950 Units of a Product at a Price

question 10

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Each year you sell 950 units of a product at a price of $899 each.The variable cost per unit is $575 and the carrying cost per unit is $16.90.You have been buying 100 units at a time.Your fixed cost of ordering is $60.What is the economic order quantity?

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Definitions:

Emotion

Complex psychological states involving physiological arousal, expressive behaviors, and conscious experience.

Logos

A symbol or other design adopted by an organization to identify its products, uniform, vehicles, etc., sometimes referring to the logical appeal in rhetoric.

Ethos

A rhetorical appeal to authority or credibility, often used in persuasive writing and speech to establish trust with the audience.

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