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24.02.2020 • 
Business

A produce distributor uses 269 packing crates a month, which it purchases at a cost of $10 each. The manager has assigned an annual carrying cost of 35 percent of the purchase price per crate. Ordering costs are $28. Currently, the manager orders 3 times a month. What is their current ordering quantity? Round to the nearest integer. Note: Assume that the demand rate is constant, and shortages are not allowed

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