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Answer in the box is incorrect. Please answer correctly. This is my second question for this question Henry Crouch's law office has traditionally ordered ink
Answer in the box is incorrect. Please answer correctly. This is my second question for this question
Henry Crouch's law office has traditionally ordered ink refills 55 units at a time. The firm estimates that carrying cost is 35% of the $12 unit cost and that annual demand is about 240 units per year. The assumptions of the basic EOQ model are thought to apply. For what value of ordering cost would its action be optimal? a) For what value of ordering cost would its action be optimal? Its action would be optimal given an ordering cost of \$ perporder (round your response to two decimal places) Step by Step Solution
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