Find the total annual inventory cost
A company uses 121000 units a year. If the inventory carrying charge is 25%, the item costs $60 a unit, and an order costs $75, how many should be ordered at a time if they are using EOQ ordering rules? What is the total annual inventory cost?
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From the information in the table, calculate total fixed cost (TFC), total variable cost (TVC), total cost (TC), average total cost (ATC), and marginal cost (MC).
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A state executive claims that the average number of acres in Pennsylvania state parks is less than 2,399 acres. A random sample of 5 parks is selected, and the number of acres is shown (950, 1147, 728, 6784, 622). At a=0.01, find the critical valu
The item costs $60 a unit, and order costs $75, how many must be ordered at time if they are using EOQ ordering rules? Find the total annual inventory cost?
Single spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
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