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Problem #9 The annual demand for a product is 120,000 units per year and the cost per order is $1,250 per order. The carrying cost

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Problem #9 The annual demand for a product is 120,000 units per year and the cost per order is $1,250 per order. The carrying cost per unit is $12 per unit. Calculate: Show Your Work Economic order quantity: # of orders per year: Average level of inventory: # of days between orders: Total ordering costs: Total carrying costs: Total inventory overhead costs

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