A firm has an average inventory of 4,500 units. The carrying cost per unit per year is 8. The firm places an order for 9,000 units on the first of…
A firm has an average inventory of 4,500 units. The carrying cost per unit per year is 8¢. The firm places an order for 9,000 units on the first of each month and the order cost is $60. What are the total carrying costs using the EOQ?
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