A certain type of computer costs $1,000,and the annual holding cost is 25% of the value of the item.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% of the value of the item.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 Holding