Please show solution step by step. Howe Corporation is trying...
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Howe Corporation is trying to improve its inventory control system and has installed an on-line computer at its retail stores. Howe anticipates sales of 126,000 units per year, an ordering cost of $4 per order, and carrying costs of $1.008 per unit. What is the economic ordering quantity? How many orders will be placed during the year? a. b
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