Question: #33. (Type 6, 5 points) A large print shop uses average of 246 boxes of copier paper per day. The firm operates 260 days a

#33. (Type 6, 5 points) A large print shop uses average of 246 boxes of copier paper per day. The firm operates 260 days a year. Inventory carrying cost for a box of paper is $40 a year per box and it costs $200 to order and receive a shipment of paper.

Calculate the annual total cost if the EOQ is used as order quantity.

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