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XYZ is a retailer and sells 180,000 units per year. It purchases from a single supplier. Fixed cost per order is $956 and carrying
XYZ is a retailer and sells 180,000 units per year. It purchases from a single supplier. Fixed cost per order is $956 and carrying cost is $9 per unit. Suppose XYZ orders 8,000 units per order from the supplier. What are the total costs (sum of carrying costs and shortage costs)? Round off your answer to two decimal points. Do not enter $ in the answer box.
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Introduction To Derivatives And Risk Management
Authors: Don M. Chance, Robert Brooks
10th Edition
130510496X, 978-1305104969
