Optimal total cost of inventory

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Full Court Press: FCP, Inc. buys slick paper in 1500 pound rolls for textbook printing. Annual demand is 1920 rolls. The cost per roll is $1000, and the annual holding cost is 15 percent of the cost. The ordering costs are $250 per order. Optimal total cost of inventory (excluding cost of item) is:

Reference no: EM131156652

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