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User Victor sells a line of upscale evening dresses in his boutique. He charges $ 3 0 0 per dress, and sales average 3 0
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Victor sells a line of upscale evening dresses in his boutique. He charges $ per dress, and sales average dresses per week. Currently, Victor orders a week supply at a time from the manufacturer. He pays $ per dress, and it takes two weeks to receive each delivery. Victor estimates his administrative cost of placing each order at $ Because he estimates his cost of inventory at
Compute Victors total annual cost of ordering and carrying inventory.
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