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If a Company Has an Ordering Cost of $250,a Carrying

Question 14

Multiple Choice

If a company has an ordering cost of $250,a carrying cost of $4 per unit,annual product demand of 6,000 units,and its production rate is 100 units per day,the total minimum inventory cost is approximately


A) $3,464
B) $2,921
C) $3,944
D) $3,175

Correct Answer:

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