The chairs are sold out before they are restocked what are


ABC Company sells 2,505 chairs a year at an average price per chair of $180. The carrying cost per unit is $37.48. The company orders 496 chairs at a time and has a fixed order cost of $50.7 per order. The chairs are sold out before they are restocked. What are the total shortage costs?

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Financial Management: The chairs are sold out before they are restocked what are
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