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Question 26 has nothing to do with questions 27 and 28. A company uses a material called Goop to make its product. Shown below is
Question 26 has nothing to do with questions 27 and 28. A company uses a material called Goop to make its product. Shown below is information about Goop. The cost of placing an order is $30 It costs $3.00 to have a pound of Goop sit in the warehouse for one year The company uses 64,000 pounds of Goop per year. The EOQ for Goop is 800 pounds Use the above information to answer questions 27 and 28** Compute the carrying cost for Goop for the year. $1,200 $2.000 $1.800 $2,700 None of these
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