University Bookstore buys women's polo T-shirts from a supplier according to the price schedule shown below.The store sells 500,000 T-shirts each year.The annual carrying cost of T-shirts is 25 percent,and the ordering cost is $40.
The lowest total annual acquisition cost for the bookstore quantity is closest to: (Due to possible differences in rounding,choose the closest answer.)
A) $16,018,000
B) $16,018,708
C) $17,518,707
D) $16,258,000
Correct Answer:
Verified
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