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Place an order in the range

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An item is required at the rate of 4000nos/month .The item costs rs.12 each and cost of placing each order costs rs.50.The inventory carrying costs is 15%of unit cost. Find total inventory cost and he gives 8%discount on price if we place an order in the range of 10000-15000nos/order, is it worth accepting? Inventory management

Reference no: EM132060749

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