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Micro expects to sell 8,000 microwaves this year. The cost of placing an order is $150 per order, while the carrying cost per unit
Micro expects to sell 8,000 microwaves this year. The cost of placing an order is $150 per order, while the carrying cost per unit is $5.50. Given this information, calculate the company's EOQ, carrying cost, ordering cost and total cost.
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