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ORTHO company sells orthopedic devices. The annual demand for the device ORX1 is 90,000 units, with a unit cost of $85. The ordering cost for
ORTHO company sells orthopedic devices. The annual demand for the device ORX1 is 90,000 units, with a unit cost of $85. The ordering cost for each order is $60, and holding cost is $15 per year per device. Currently ,ORTHO orders lots of 750 devices from the supplier, What is the annual holding cost associated with the order size used by the company
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
