Asia Food PAC purchases 1 0 , 0 0 0 boxes of ground beef each year It costs RM 1 0 to place each order and RM 5 0 0 per year for each box held as inventory a What is the average inventory held during the year b What is the economic order quantity for ground beef c How many orders will be made each year

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Asia Food PAC purchases 1 0 , 0 0 0 boxes of ground beef each year. It costs RM 1 0 to place each order

Asia Food PAC purchases

10, 000

boxes of ground beef each year. It costs RM

10

to place each order and

5.00

per year for each box held as inventory.

.

What is the average inventory held during the year?

.

What is the economic order quantity for ground beef?

.

How many orders will be made each year?

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