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Our home construction company still buys nails in 15-pound boxes but now we use an averageof 4435 boxesa year.Preparing an order and receiving a...
Our home construction company still buys nails in 15-pound boxes but now we use an average of 4435 boxes a year. Preparing an order and receiving a shipment of nails involves a cost of $1.90 per order. Annual carrying costs are $0.2 per bag.
What will be their total cost of ordering and carrying the nails?