A certain type of computer costs $1,000, and the annual holding cost is 25%. Annual demand is 10,000 units, and the order cost is $150 per order. What is the approximate economic order quantity?
A) 16
B) 70
C) 110
D) 183
E) 600

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The Answer of A certain type of computer costs $1,000, and the annual holding cost is 25%. Annual demand is 10,000 units, and the order cost is $150 per order. What is the approximate economic order quantity?
A) 16
B) 70
C) 110
D) 183
E) 600

A Certain Type of Computer Costs $1,000, and the Annual