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#1 An SKU costing $10 is ordered in quantities of 1000 units, annual demand is 8000 units. carrying costs are 40%, and the cost of
#1 An SKU costing $10 is ordered in quantities of 1000 units, annual demand is 8000 units. carrying costs are 40%, and the cost of placing an order is $100. Calculate the following: a. Average inventory b. Number of orders placed per year C. Annual inventory-carrying cost d. Annual ordering cost e. Annual total cost
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