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You are the operations manager for a firm that uses the continuous-review inventory control system. Suppose the firm operates 52 weeks a year, 365 days,
You are the operations manager for a firm that uses the continuous-review inventory control system. Suppose the firm operates 52 weeks a year, 365 days, and has the following characteristics for its primary item:Demand = 450 units/weekordering cost = $35/orderEOQ = 468 unitsWhat is the holding cost per year?
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