Question: A toy store sells 3 5 0 remote - controlled cars each month. The remote - controlled cars are purchased from a supplier in Japan,
A toy store sells remotecontrolled cars each month. The remotecontrolled cars are purchased from a supplier in Japan, which sells them in large cartons, with each carton containing remotecontrolled cars. The supplier charges the toy store $ per remotecontrolled car and an ordering cost of $ per order. The toy store's annual inventory holding cost percentage is
If the toy store's order quantity is cartons, then what is its annual cost of ordering and holding inventory?
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