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Using the Fixed-Order-Quantity Model, Which of the Following Is the Total

Question 94

Multiple Choice

Using the fixed-order-quantity model, which of the following is the total ordering cost of inventory given an annual demand of 36,000 units, a cost per order of $80, and a holding cost per unit per year of $4?


A) $849
B) $1,200
C) $1,889
D) $2,267
E) $2,400

Correct Answer:

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