What will be annual cost of ordering

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Reference no: EM13967811

Annual demand of a product is 1,000 units. It will cost $30 to place an order, and $6 per unit per year to keep a unit in inventory. If the order quantity is 100 units, what will be annual cost of ordering?

a. 30 b. 100 c. 300 d. 1000 e. none of the above

Reference no: EM13967811


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