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Burgoon uses an economic order quantity model and has determined an optimal order size of...

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Accounting

Burgoon uses an economic order quantity model and has determined an optimal order size of 500 units. Annual demand is 10,000 units, ordering costs are $50 per order, and holding costs are $4 per unit. The company's annual ordering and holding costs total:

$2,000.

$3,000.

$21,000.

$41,000.

some other amount.

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