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Hal Corporation installed an online computer at its retail stores to improve inventory control system.It anticipates sales of 126,000 units per year, an ordering cost
Hal Corporation installed an online computer at its retail stores to improve inventory control system.It anticipates sales of 126,000 units per year, an ordering cost of $4 per order, and carrying costs of $1,008 per unit.What is the economic order quantity?How many orders will be placed during the year?What will the average inventory be?What will be the expected total cost of inventory?
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