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The Ferris company operates 322 days a year and has an annual demand of 128,800 units. It costs $6.25 to carry one unit in inventory
The Ferris company operates 322 days a year and has an annual demand of 128,800 units. It costs $6.25 to carry one unit in inventory for one year. The cost per order is $1,900. The Ferris company has decided to order 18,400 units at a time (not necessarily the EOQ). What is the Annual Ordering Cost
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