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The annual requirement of a part is 360,000 units. The order cost is $120 per order, the holding rate is 12 percent and the part

The annual requirement of a part is 360,000 units. The order cost is $120 per order, the holding rate is 12 percent and the part cost is $2,500 per unit. What are the (a) EOQ, (b) annual holding cost, (c) annual order cost, and (d) annual total inventory cost?

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