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What is the cost per order

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Reference no: EM133921018

Problem

Precio Jewels Corporation produces quality jewelry items for various retailers. For the coming year, it has estimated it will consume 500 ounces of gold. Its carrying costs for a year are P2 per ounce. Get the instant assignment help. No safety stock is maintained. If the EOQ is 100 ounces, what is the cost per order?

Reference no: EM133921018

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