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What is the annual ordering cost

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Post Card Depot, an large retailer of post cards, orders 4,239,024 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 8 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.16 per post card per year. The ordering cost is $465 per order.

What is the annual ordering cost of the post card inventory?

Reference no: EM132664425

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