Table
Fred Jacobs, assistant manager of Home and Hearth, is reviewing the costs associated with the store's best-selling frying pan. The data available to Mr. Jacobs concerning this frying pan follow.
-Use the information in Table 5.1 The current order quantity is 125 units per order. What is the total annual ordering cost and holding cost for this order size?
A) less than or equal to $750
B) greater than $750 but less than or equal to $1000
C) greater than $1000 but less than or equal to $1250
D) greater than $1250
Correct Answer:
Verified
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