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A manufacturer replenishes their packaging materials according to the economic order quantity model. They use 1 0 0 cases of packaging materials per day and

A manufacturer replenishes their packaging materials according to the economic order quantity model. They use 100 cases of packaging materials per day and operate for 360 days a year. Their current ordering policy is to order at the EOQ quantity of 720 cases at a time. Their ordering cost per order is $90. How much does it cost them to carry a case in inventory for a year?
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$50
$720
$10
$12.5

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