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Use the following information to determine the implied inventory holding cost: EOQ = 95 units Demand = 350 units Fixed Ordering Costs = $5 A.

  1. Use the following information to determine the implied inventory holding cost:

  • EOQ = 95 units

  • Demand = 350 units

  • Fixed Ordering Costs = $5

    A. $0.39 B. $12.50 C. $2.58 D. $2.56.

  • PLEASE SHOW YOUR WORK

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