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A company expects to sell 16,300 units of a product this year. The cost of placing an order from its supplier is $56. Each unit
A company expects to sell 16,300 units of a product this year. The cost of placing an order from its supplier is $56. Each unit is sold at $286 and the carrying costs are 30% of the purchase price. What is the average inventory on hand for the company? NO excel answers pls
a. 146
b. 52
c. 73
d. 103
e. 43
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