Multiple Choice
ABC Co.has an average inventory of 750.The carrying cost per item is 1.25,the ordering cost is $18 per order,and they make 28 orders per year.What is the total carrying cost for ABC Co?
A) $504
B) $937.50
C) $1,166.67
D) $844.50
E) $492.65
Correct Answer:
Verified
Correct Answer:
Verified
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