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What is the annual ordering cost of the maps inventory

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Problem 1: Maps Depot, a large retailer of maps, orders 8,026,107 maps per year from its manufacturer. Maps Depot plans on ordering maps 10 times over the next year. Maps Depot receives the same number of maps each time it orders. The carrying cost is $0.21 per maps per year. The ordering cost is $411 per order. What is the annual ordering cost of the maps inventory? (round to whole dollar amount and use dollar sign and comma)

Reference no: EM132951694

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