Question: 19. Based on an EOQ analysis, the optimal order quantity is 15,000 units. Annual inventory carrying costs equal 1/4 of the average inventory level. The

19. Based on an EOQ analysis, the optimal order quantity is 15,000 units. Annual inventory carrying costs equal 1/4 of the average inventory level. The company pays P7 per unit to buy the product and P75 to place an order. The quarterly demand for the product is 66,000 units.

How much is the annual inventory carrying costs

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A pointer holds a memory address.

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