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A Certain Type of Computer Costs $1,000, and the Annual

question 71

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A certain type of computer costs $1,000, and the annual holding cost is 25%. Annual demand is 10,000 units, and the order cost is $150 per order. What is the approximate economic order quantity?


Definitions:

Confabulation

Confusion of an event that happened to someone else with one that happened to you, or a belief that you remember something when it never actually happened.

Confabulation

A memory disturbance characterized by the production of fabricated, distorted, or misinterpreted memories about oneself or the world, without the conscious intention to deceive.

Flashbulb Memory

Highly detailed, exceptionally vivid 'snapshot' of the moment and circumstances in which a piece of surprising and consequential news was heard.

Repression

A defense mechanism where unpleasant thoughts, memories, or desires are unconsciously excluded from consciousness.

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