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A store sells 800 packages of a C batteries each year. The cost to place an order is $15 and the annual carrying cost per
A store sells 800 packages of a C batteries each year. The cost to place an order is $15 and the annual carrying cost per package is $1.50. They are currently using a fixed quantity inventory system and are placing orders with quantity of 200 packages. Using their current order quantity, what is their total annual holding costs? Note that some of the given information is not needed to answer this
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