Determine the total costs of ordering and holding inventory

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Refer to Problem 6 above and determine the total costs of ordering and holding inventory for the year. Suppose the company currently orders paper once every four weeks, how much could they save by ordering the EOQ amount when they order?

Reference no: EM13844729

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Determine the total costs of ordering and holding inventory : Refer to Problem 6 above and determine the total costs of ordering and holding inventory for the year. Suppose the company currently orders paper once every four weeks, how much could they save by ordering the EOQ amount when they order?

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