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Posted on Jul 07, 2024

The demand rate for an item is 1 2 , 0 0 0 per year. The cost to order is $ 2 2 7 .

The demand rate for an item is

12, 000

per year. The cost to order is $

227 .

The cost to hold a unit in inventory for one year is $

5 .

Based on the average inventory level, what is the annual inventory turn rate?

(

round to nearest whole number

)

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