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A local tool dealer uses supplies purchased from an overseas supplier. The owner uses the EOQ model for planning. Her annual demand for a special
A local tool dealer uses supplies purchased from an overseas supplier. The owner uses the
EOQ model for planning. Her annual demand for a special type of screw is units, ordering
setup costs are $ per order, and inventory holding carrying costs are $ per unit per
year. What will be the total annual inventory costs associated with this material?
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