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?
(SHOW YOUR WORK)
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...
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