Using the fixed-order quantity model

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Reference no: EM1392049

Using the fixed-order quantity model, which of the following is the total ordering cost of inventory given an annual demand of 36,000 units, a cost per order of $80 and a holding cost per unit per year of $4?
(Show the breakdown)

A) $849
B) $1,200
C) $1,889
D) $2,267
E) $2,400

Reference no: EM1392049

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