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The annual demand for bicycles is 9000 units. The cost per unit is RO 12 and holding cost is 20% of cost per unit. The
The annual demand for bicycles is 9000 units. The cost per unit is RO 12 and holding cost is 20% of cost per unit. The cost to place an order is RO 48. Calculate the total carrying costs?
a.
504 RO
b.
720 RO
c.
14400 RO
d.
252 RO
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