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Given the following information: Annual sales in units 30,000 Cost of placing an order $60.00 Per-unit carrying costs $ 1.50 Existing units of safety stock
Given the following information: Annual sales in units 30,000 Cost of placing an order $60.00 Per-unit carrying costs $ 1.50 Existing units of safety stock 300 a. What is the EOQ? b. What is the average inventory based on the EOQ and the existing safety stock? c. What is the maximum level of inventory
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