Accordance with the economic order quantity model

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Reference no: EM131047401

Appliance for Less is a local appliance store. It costs this store $18.90 per unit annually for storage, insurance, etc., to hold microwave in their inventory. Sales this year are anticipated to be 374 units. Each order costs $71. The company is using Economic Order Quantity model in placing the orders.

How many orders should be made during the year in accordance with the Economic Order Quantity model?

(Round the answer to the whole number)

Reference no: EM131047401

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