Question: Throughout the year a picture frame warehouse has an average of 1,250 units of inventory (high-end picture frames) on hand and pays an annual holding

Throughout the year a picture frame warehouse has an average of 1,250 units of inventory (high-end picture frames) on hand and pays an annual holding cost of $2.50 per unit per year.

How much will the warehouse pay in total annual holding costs for these items? (whole number)

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