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A company decides to establish and EOQ for an item. The annual demand is 400,000 units each costing $8 to run, setup costs are $32 , and inventory carrying costs are 20%. Calculate the cost or ordering, cost of carrying inventory, and total cost.
Oliver North
A United States Marine Corps officer involved in the Iran-Contra affair during the Reagan administration.
Barry Goldwater
An American politician, businessman, and author who was a five-term Senator from Arizona and the Republican Party's nominee for President in 1964.
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