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Business, 22.04.2021 21:50 Lesquirrel

A microbrewery purchases maly for production. The supplier charges $35 for delivery (no matter how much is ordered) and $1.20 per gallon. Annual holding cost is 35% of the price per gallon. Usage is 250 gallons/week. If orders are for EOQ amount, what is the annual cost of the inventory system as a percentage of the annual purchase cost

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