A local distributor for a Belgian chocolate manufacturer expects to sell 12,000 cases of chocolate truffles next year. The annual holding costs for the truffles are $16 per case per year. The ordering cost is $60 per order. The distributor operates 320 days a year. In this example, the total holding costs are given by ______.
A. 12,000 divided by $16
B. 150 times $16
C. 12,000 times $16
D. 300 divided by $16
B. 150 times $16
Business
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