Question: The purchasing manager decides that, in order to save purchasing time, orders for the A 1 chip will be placed once every month. How much

The purchasing manager decides that, in order to save purchasing time, orders for the A1 chip will be placed once every month. How much does this approach cost the Universal Computer Company in total annual holding and ordering costs(instead of ordering using the EOQ quantity)?
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Part 1
A.
less than or equal to $10,000
B.
greater than $15,000 but less than or equal to $20,000
C.
greater than $10,000 but less than or equal to $15,000
D.
greater than $20,000

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