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Beta Supply Company has an economic order quantity of 400 units for item A. The annual demand for the product is 10,000 units, and the cost of placing an order is $20. Calculate the carrying cost per unit. (Round answer to two decimal places.)
Budget
An itemized summary of estimated or intended expenditures and revenues for a given period, often used by governments, businesses, and individuals to manage finances.
Impoundment Control Act
A 1974 United States federal law designed to restrict the president's ability to withhold funds that have been appropriated by Congress.
Legislative Authority
The power or right to enact laws, typically vested in a legislative body such as a parliament or congress.
Iron Triangles
Iron Triangles describe the stable, mutual relationships among regulatory agencies, interest groups, and legislative committees, leading to the implementation and perpetuation of specific policies and government actions.
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