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1 4 9 minutes remaining 2 8 OF 3 2 QUESTIONS REMAINING Question 1 0 2 Points Mark is a buyer for Majonitronics. Majonitronics sells
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Mark is a buyer for Majonitronics. Majonitronics sells electronic equipment that includes valves. One of the valves has an annual demand of units. The cost of each valve is R and the inventory carrying cost is estimated to be of the cost of each valve. Mark has made a study of the costs involved in placing an order for any of the valves that Majonitronics stocks, and he has concluded that the average ordering cost is R per order. Furthermore, it takes about two weeks for an order to arrive from the supplier, and during this time the demand per week for the valves is approximately What is the average inventory?
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