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Your Company has been purchasing an item in lots of 800 units. This equates to a four-month supply. The cost per unit is $12, the

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Your Company has been purchasing an item in lots of 800 units. This equates to a four-month supply. The cost per unit is $12, the order cost is $16 per order, and the carrying cost is 25% Required: How much can you can save in the total cost per year by purchasing the item in the most economical quantities

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