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What is the optimal number of units to order

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Drews blinds would like to reduce its inventory cost by determining the optimal number of blind blanks to obtain by order. The annual demand is 7000 units. The set up and order cost is $10 per order and holding cost per blind blank is $0.75. What is the optimal number of units to order and the optimal number of orders to make in a year?

Reference no: EM131989422

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