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A fresh produce distributor uses 8 1 0 nonreturnable packing crates a monthwhich it purchases at a cost of $ 6 eachThe manager has assigned
A fresh produce distributor uses nonreturnable packing crates a monthwhich it purchases at a cost of $ eachThe manager has assigned an annual holding cost of percent of the purchase price per crateOrdering cost is $ per order. Currently the manager orders crates at a timeHow much could the firm save annually in ordering and holding costs by using the EOQ? Round the final answer to decimal placesAnnual savings
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