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Question: A company produces 450 bicycles per month. The tires are bought from a supplier for $20 each. The inventory carrying cost is 15 per cent of the cost of a tire. The ordering cost is $50 per order. What is the total annual cost of the tires? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Category:- Operation Management
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