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Diagnostic Diagnostic Supplies has expected sales of 162,000 units per year, carrying costs of $2 per unit, and an ordering cost of $5 per order.
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Diagnostic Supplies has expected sales of 162,000 units per year, carrying costs of $2 per unit, and an ordering cost of $5 per order. a. What is the economic ordering quantity? Economic ordering quantity units b-1. What is the average inventory? Average inventory units b-2. What is the total carrying cost? Total carrying costStep by Step Solution
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