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A blood testing lab uses 1600 cases of surgical gloves per year. The cost to place an order is $12 and annual carrying cost per
A blood testing lab uses 1600 cases of surgical gloves per year. The cost to place an order is $12 and annual carrying cost per case is $6. They are currently using a fixed quantity inventory system and are placing orders with quantity of 80 cases. Using their current order quantity, what is the average inventory? Round answer to a whole number and note that some of the given information is not needed to answer this
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