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A regional supermarket is open 3 6 0 days a year. Daily use of cash register tapes is 1 5 rolls. The purchase price of

A regional supermarket is open 360 days a year. Daily use of cash register tapes is 15 rolls. The purchase price of the tape is $ 2 and inventory carrying cost is 60 cents per roll a year. Ordering cost is $ 20 per order.
Calculate the annual ordering cost if the EOQ is used as order quantity.

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