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Business, 07.04.2020 18:38 tmrodriguez1

RBS Company’s top selling item is a Pen Set. RBS Company expects to sell 100 Pen Sets per month for the next 12 months. RBS Company purchases the Pen Sets from a supplier for $25 dollars each, and incurs a cost of $50 dollars for each order that they place. RBS Company estimates that their inventory carrying cost is 20% annually. What is RBS Company’s EOQ for the Pen Sets? (round to the nearest whole number)

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