LAMA Creations creates sweaters using the wool of the Llama. The wool used in the manufacturing process
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LAMA Creations creates sweaters using the wool of the Llama. The wool used in the manufacturing process is ordered by the bundle. LAMA requires 1,200 bundles of Llama wool per year and places orders of 100 bundles at a time. The cost of the order is $80.00 per order and the carrying cost per bundle is $3.50. What are LAMA Creations’ ordering costs?
a) $350.00
b) $480.00
c) $960.00
d) $1,060.00
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Essentials of Business Statistics Communicating With Numbers
ISBN: 978-0078020544
1st edition
Authors: Sanjiv Jaggia, Alison Kelly
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