Midwest Tires has expected sales of 12,000tires this year,an ordering cost of $6.per order,carryingcosts of...
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Accounting
Midwest Tires has expected sales of 12,000tires this year,an ordering cost of $6.per order,carryingcosts of $1.60per tire.
a)what is the economic ordering quatity.
b)How many ordered will be placed during the year?
c)What will the average inventory be?
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