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Alpha company places 2 0 orders per year with its supplier. Each order is for an amount exactly equal to the EOQ. Alpha's order cost

Alpha company places 20 orders per year with its supplier. Each order is for an amount exactly equal to the EOQ. Alpha's order cost has been determined to be $50 per order. Alpha carries no safety stock at all. What is Alpha's annual inventory carrying cost? HINT: at EOQ, annual ordering costs = annual carrying costs

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