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Everest Corp. sells paper cutting machines at the rate of 1200 units per year. The cost of placing one order is $225, and it costs

Everest Corp. sells paper cutting machines at the rate of 1200 units per year. The cost of placing one order is $225, and it costs $50 per year to carry a paper cutting machine in inventory. What is the total annual cost of the inventory if the company has an economic order quantity of 110 units

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