A local service station is open 7 days per week, 3 6 5 days per year. Sales
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Question:
A local service station is open days per week, days per year. Sales of W grade premium oil average cans per day. Inventory holding costs are $ per can per year. Ordering costs are $ per order. Lead time is weeks. Backorders are not practical the motorist drives away.
Part a: points
Based on these data, choose the appropriate inventory model and calculate the economic order quantity. Please round to a whole number.
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