How much could firm save annually in ordering-carrying costs

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Reference no: EM132098057

manager has assigned an annual carrying cost of 30 percent of the purchase price per crate. Ordering costs are $29. Currently the manager orders once a month.

How much could the firm save annually in ordering and carrying costs by using the EOQ? (Round intermediate calculations and final answer to 2 decimal places. Omit the "$" sign in your response.)

Savings $ per year

Reference no: EM132098057

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