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TAPLES 34. Novelty Gifts, Inc. is has an annual demand of 20,000 units. Each order costs $15 and each unit costs $1.50 to carry. (10

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TAPLES 34. Novelty Gifts, Inc. is has an annual demand of 20,000 units. Each order costs $15 and each unit costs $1.50 to carry. (10 Points) a) Calculate the economic ordering quantity (EOC). b) Calculate the average inventory. c) Calculate total annual inventory cost under EO

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