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A company operates an EOQ policy. It has annual demand of 120,000 units and a fixed order cost of 50. Its EOQ level is

A company operates an EOQ policy. It has annual demand of 120,000 units and a fixed order cost of 50. Its EOQ level is 5,000 units. Assuming no safety stock, zero lead time, and all assumptions of the EOQ are met, what is the carrying cost per unit per annum for this company's inventory?

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