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A shoe store sells 90 pairs of shoes each month.Each pair carried in stock incurs a holding cost of $10 per month.Each order costs approximately $25 in shipping and receiving.
a.What is the optimal EOQ?
b.What is the optimal number of orders per month?
c.What are the total ordering and carrying costs?
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Consolidated Cash Flows
A statement merging the cash flows of a parent company and its subsidiaries to present the overall cash generated or used by the entire group.
Equity Method
An accounting technique used to record investments in other companies by recognizing income and changes in investment value.
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