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6. Practice Problem 15-5 eBook Michael's Mechanical sells 12,000 jettison machines annually. Each machine costs Michael's $4,000 to purchase, inventory carrying costs are 45 percent
6. Practice Problem 15-5
eBook Michael's Mechanical sells 12,000 jettison machines annually. Each machine costs Michael's $4,000 to purchase, inventory carrying costs are 45 percent of the purchase price, and the cost of placing an order with its supplier is $270.
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