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Business, 27.06.2020 06:01 21raytyrm

Joan Zorba orders calculators for her office supply stores. Each calculator cost $35, currently she is ordering 230. Daily demand for these calculators is 54. The cost to re-order this item is estimated at $44, while the annual inventory holding cost is 22%. Orders are received eight working days after an order is placed. The office operates 52 weeks per year, 6 days per week. What is the total annual cost using the EOQ

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