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Business, 10.06.2020 05:57 genyjoannerubiera

The Talbot Company uses electrical assemblies to produce an array of small appliances. One of the assemblies, the XOminus01, has an estimated annual demand of 12 comma 000 units. The cost to place an order for these assemblies is $650, and the holding cost for each assembly unit is approximately $30 per year. The company has 260 workdays per year. Required:
What are the annual inventory holding costs if Talbot orders using the EOQ quantity?

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