Business, 28.12.2019 06:31, ashleyjohnson2002

Using the fixed-order quantity model, which of the following is the total ordering cost of inventory given an annual demand of 36,000 units, a cost per order of $80, and a holding cost per unit per year of $4.
a) $849
b) $1,200
c) $1,889
d) $2,267
e) $2,400

Answers: 2

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Using the fixed-order quantity model, which of the following is the total ordering cost of inventory...