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Business, 09.12.2021 03:40 lizzyhearts

M. Cotteleer Electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. One of the components has an annual demand of 250 units, and this is constant throughout the year. Carrying cost is estimated to be $1 per unit per year, and the ordering (setup) cost is $20 per order. The company operates 250 days per year. To minimize cost, how many units should be ordered each time an order is placed

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