jjortiz6030 jjortiz6030

06-10-2022
Business

Answered

a company usually holds 390 pounds of wax in its warehouse. the company uses 32 pounds of wax per day and it takes 4 days for wax purchased from the supplier to arrive. the holding cost for wax is $0.13 per pound per day. what is the company's average holding cost (per pound for wax)?

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