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The Gentry Garden Center sells 90,000 bags of lawn fertilizer annually. Inventory carrying cost is $0.30, and cost of placing an order with its supplier
The Gentry Garden Center sells 90,000 bags of lawn fertilizer annually. Inventory carrying cost is $0.30, and cost of placing an order with its supplier is $15. What is the economic ordering quantity? What will be the firm's average inventory? How often must the company order? What is the total carrying cost? What is the total ordering cost? What is the total cost
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