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An office supply company is attempting to determine the order quantity for Mt. White fountain pens which are sold to local executives. Annual demand is 5,000 units and each pen costs the store $50. It costs $75 to place an order and the inventory carrying cost rate is 30% of the value of the item.
What values should go in cells B3:B11 of the spreadsheet for this problem if Q = 223.61?
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A body of legal rules and norms that governs the conduct and relations of states, international organizations, and, in certain cases, individuals.
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The ultimate authority within a defined geographical territory, responsible for creating and enforcing laws.
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The authority given to a legal body to administer justice within a specific area of responsibility.
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