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Jane Webb of Webb Enterprises wants to determine the lowest cost order policy given the following purchase discounts offered: unit costs are $4 each for orders less than 1000 and $2.50 each for orders greater than 1000. The order cost = $75, annual demand forecast = 5500 units, inventory carrying cost = 30% per year. What would be the EOQs for each cost? (select the closest responses)
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