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ABC company makes 5 3 orders of chairs in a year and orders 3 0 1 chairs each time. The fixed order costs are $
ABC company makes orders of chairs in a year and orders chairs each time. The fixed order costs are $ per order and the carrying cost per unit is $ The chairs are sold out before they are restocked. What are the carrying costs if the company orders the optimal quantity Economic Order Quantity
Enter your answer rounded off to two decimal points. Do not enter comma or $ in the answer box.
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