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Nowlin Pipe & Steel has projected sales of 7 2 , 0 0 0 pipes this year, an ordering cost of $ 6 per order,

Nowlin Pipe & Steel has projected sales of 72,000 pipes this year, an ordering cost of $6 per order, and carrying costs of$2.40 per pipe.
1.) What is the economic ordering quantity?
2.) How many orders will be placed during the year?3.) what will the average inventory be?

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