Given the following information: Annual sales inunits 30,000 Cost of placing anorder $60.00 Per-unit carryingcosts...
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Given the following information: Annual sales inunits 30,000 Cost of placing anorder $60.00 Per-unit carryingcosts $ 1.50 Existing units of safetystock 300 a. What is the EOQ? b. What is the average inventory based on the EOQ and the existingsafety stock? c. What is the maximum level of inventory? d. How many orders are placed each year
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