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3. The Allianz Company produces a specialty wood furniture product, and has the following information available concerning its inventory items: Annual demand is 30,000 products
3. The Allianz Company produces a specialty wood furniture product, and has the following information available concerning its inventory items: Annual demand is 30,000 products per year. The purchase price per product is $51. Required: Determine the EOQ, annual ordering costs. annual carrving costs, and relevant total cost
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