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The Central Valve Company sells industrial valves and fluid control devices. One of Central's most popular valves is the Western, which has an annual demand

The Central Valve Company sells industrial valves and fluid control devices. One of Central's most popular valves is the Western, which has an annual demand of 3600 units. The price of each valve is $44, and the inventory carrying cost is $6.6 per unit per year. A study of the costs involved in placing an order for any of the valves that Central stocks concluded that the ordering cost is $250/order. Central Valve has 320 operating days in a year.
Do not round intermediate computations

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