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Business, 07.04.2020 04:33 anavallesdemiguel2

A produce distributor uses 784 packing crates a month, which it purchases at a cost of $12 each. The manager has assigned an annual carrying cost of 33 percent of the purchase price per crate. Ordering costs are $25. Currently, the manager orders once a month.
How much could the firm save annually in ordering and carrying costs by using the EOQ? (Round intermediate calculations and final answer to 2 decimal places.

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A produce distributor uses 784 packing crates a month, which it purchases at a cost of $12 each. The...
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