A companys holding cost is 19 per year its annual inventory, Operation Management

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A companys holding cost is 19 per year its annual inventory

Question: A company's holding cost is 19% per year. Its annual inventory turns are 8.5. The company buys an item for $120. What is the average cost ($5), to hold this item inventory? (The accuracy should be of two digits after the decimal places.) The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Operation Management: A companys holding cost is 19 per year its annual inventory

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Operation Management: A companys holding cost is 19 per year its annual inventory

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