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Exercise 16.16 Determine the inventory carrying costs, inventory ordering costs, and total inventory costs for Culver Co. based on the following information: Annual demand Order
Exercise 16.16 Determine the inventory carrying costs, inventory ordering costs, and total inventory costs for Culver Co. based on the following information: Annual demand Order quantity Cost to place an order Cost of carrying inventory Purchase price 6,480 units 72 units $42 $14 $11.90 per unit Inventory carrying costs Inventory ordering costs s Total inventory costs
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