items purchased from a vender cost 20 every and, Strategic Management

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items purchased from a vender cost 20 every and

Items purchased from a vender cost $20 every, and the forecast for the next year's require is 1,000 units. The cost of placing an order is estimated to be $5 each time an order is placed. Storage costs are $4 per unit /year. What quantity should be ordered to minimize inventory related costs?

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