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Chrisis5143
Chrisis5143
21.06.2021 • 
Business

The soft goods department of a large department store sells 175 units per month of a certain large bath towel. The unit cost of a towel to the store is $2.50 and the cost of placing an order
has been estimated to be $12.00. The store uses an inventory carrying charge of 27% per year.
Determine the optimal order quantity, order frequency, and the annual cost of inventory management.

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