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Assume that Canuck Ltd. has sales of 5,000 tonnes per year. Further, assume that Canuck can order the material at a cost of $16 per
Assume that Canuck Ltd. has sales of 5,000 tonnes per year. Further, assume that Canuck can order the material at a cost of $16 per order, plus fixed ordering costs of $7.50 per order. The firm's carrying cost is 15% of the inventory value, at cost.
Refer to Scenario: Canuck Ltd. What is Canuck's EOQ?
a.168b.430c.177d.828
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