Multiple Choice
A law firm always orders 50 cases of paper from their office supply company. They incur an annual holding cost of $15 per case and have an ordering cost of $25 each time they place an order. If their annual demand is 480 cases, how much could they save annually by switching to their economic order quantity?
A) $15
B) $25
C) $40
D) $80
Correct Answer:
Verified
Correct Answer:
Verified
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