Use the following information to answer the next four questi…
Use the following information to answer the next four questions A manufacturer orders ball bearings from a supplier. The manufacturer uses 12,000 of the ball bearings each year and pays the supplier $1.75 per ball bearing. Each time the supplier ships ball bearings to the manufacturer there is a fixed order cost of $250.00, and the manufacturer estimates their annual holding cost to be 40% of the cost per ball bearing.
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