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Jason's Photography Store buys 3,000 rolls of film every 3 months at a cost of $3 per roll. The cost of processing each order to
Jason's Photography Store buys 3,000 rolls of film every 3 months at a cost of $3 per roll. The cost of processing each order to be placed with the wholesaler is $12.50 and carrying costs are $0.30 per roll per year. You are required to calculate Jason's economic order quantity (EOQ), and the annual saving that would be achieved using the EOQ model
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