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Considering the following data provided for a specific inventory item: Demand: 500 units per month Ordering Cost: $30 per order Holding Cost: $1 per unit

Considering the following data provided for a specific inventory item: Demand: 500 units per month Ordering Cost: $30 per order Holding Cost: $1 per unit per year Lead Time: 1.5 months Price: $7.99 pe

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