erickcastillo1585 erickcastillo1585
  • 27-05-2023
  • Business
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A company usually holds 270 pounds of wax in its warehouse. The company uses 56 pounds of wax per day and it takes 6 days 1 wax purchased from the supplier to arrive. The holding cost for wax is $0.49 per pound per day. Round your answer to two decimal places. What is the company's average holding cost (per pound for wax)?

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