Calculate the total cost per order considering order cost

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Problem: The XYZ manufacturing company estimates its component parts carrying cost at 15% and its ordering cost at $9 per order. The estimated annual requirement is 48000 units at a price of $4 per unit. The company is ordering 2400 units per order. Answer the following question: Calculate the total cost per order considering the order cost and inventory holding cost.

Reference no: EM133607767

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