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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 pipes this year, an ordering cost of $ per order, and carrying costs of$ per pipe.
What is the economic ordering quantity?
How many orders will be placed during the year? what will the average inventory be
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