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Buyer: Part-3 (3 of 3) You are a buyer for a widget: Annual Demand = 1200 (assume continuous constant rate) Price = $40 Order Cost

Buyer: Part-3 (3 of 3) You are a buyer for a widget: Annual Demand = 1200 (assume continuous constant rate) Price = $40 Order Cost = $2000 Inventory Holding Cost = 20% Lead Time = 14-Days Annual Work Days = 250 At what inventory level do you place your next order

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