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What is the cost of overstocking

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A retailer has the opportunity to buy designer holiday dinner plate settings for $50 each. She can sell them for $120 each. Due to limited space, it costs $12 to hold each place setting for the period. Any that are unsold can be returned to the manufacturer for a $25 credit. What is the cost of overstocking _____?

Reference no: EM131764468

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