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A hardware store sells paint that has a demand of 8,245 gallons per year. The store purchases the paint from a supplier for 12.2 dollars

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A hardware store sells paint that has a demand of 8,245 gallons per year. The store purchases the paint from a supplier for 12.2 dollars per gallon The unit holding cost per year is 23 percent of the unit purchase cost. while the ordering cost is 131 dollars per order. The paint supplier has a lead time of 5 days. What is the optimal annual inventory cost? Assume EOQ model is appropriate. Use at least 4 decimal places

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