A local bookstore turns over its inventory once every three months. The bookstores annual cost of holding

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A local bookstore turns over its inventory once every three months. The bookstore’s annual cost of holding inventory is 36 percent. What is the inventory holding cost (in $) for a book that the bookstore purchases for $10 and sells for $18?

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Operations Management

ISBN: 9781260547610

2nd International Edition

Authors: Gerard Cachon, Christian Terwiesch

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