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What is the average annual ordering cost of this new policy

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Question - Careful Ordering Company uses 810 units of a part each year. The cost of placing one order is $10; the cost of carrying one unit in inventory for a year is $4. The company has decided to begin ordering 60 units at a time. What is the average annual ordering cost of this new policy? Show Calculations in details.

Reference no: EM133177461

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