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.Sullivan Company uses 240,000 of units of product per year. The ordering cost of the product is $55 per order and the carrying cost is
.Sullivan Company uses 240,000 of units of product per year. The ordering cost of the product is $55 per order and the carrying cost is $3 per unit per year. Given that the company orders 15,000 units per order. What is the annual ordering cost?
|
| $48 |
|
| $880 |
|
| $412,500 |
|
| $825,000 |
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