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Store A purchases cases of fertilizer for its lawn-care business from a supplier who charges Store A $30 per order and $50 per case.
Store A purchases cases of fertilizer for its lawn-care business from a supplier who charges Store A $30 per order and $50 per case. Each case consists of five bags of fertilizer. Store A needs 2000 bags of fertilizer a year. Store A's annual holding costs are 30%. If Store A's order quantity is 100 cases, what is its average inventory level? (round to the nearest integer)
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