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Annual demand is 2,365. the price of one unit is $2.37, the order quantity is 100, the holding cost per unit per year is

 

Annual demand is 2,365. the price of one unit is $2.37, the order quantity is 100, the holding cost per unit per year is $0.25, and the order cost is $75. What is the total annual cost? (use two decimal places) Note that when order quantity is given you should use that quantity (not the optimal quantity). Note: do not confuse total annual cost with total annual cost of inventory.

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