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An assistant manager is reviewing the costs associated with the store's best - selling product. The data available is as follows: Demand = 4 0
An assistant manager is reviewing the costs associated with the store's bestselling product. The data available is as follows:
Demand unitsyear
Order cost $order
Holding cost $unityear
What is the sum of annual holding cost and annual ordering cost if the store's order quantity is determined by the EOQ model?
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