The weekly demand for special chocolate box is 412 units. The chocolate is sold for...
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Accounting
The weekly demand for special chocolate box is 412 units. The chocolate is sold for 52 weeks in a year. The fixed ordering cost for placing an order with the German supplier is 238 dollars. Each chocolate box costs 16 dollars and the holding cost is 25% of the items cost per year.
What is the economic order quantity (optimal quantity) to order from the supplier each time? Enter your answer rounded to 2 decimal places.
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