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Carmel Company uses 810 units of a part each year. The cost of placing one order is $10; the cost of carrying one unit in

Carmel Company uses 810 units of a part each year. The cost of placing one order is $10; the cost of carrying one unit in inventory for a year is $4. The company has decided to begin ordering 60 units at a time. What is the average annual carrying cost of this new policy?

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