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Tool Mart sells 1 , 4 0 0 electronic water pumps every year. These pumps cost $ 5 4 . 3 0 each. If annual

Tool Mart sells 1,400 electronic water pumps every year. These pumps cost $54.30 each. If annual inventory carrying
costs are 12% and the cost of placing an order is $90, what is the optimal ordering frequency?
a.37 days
b.32 days
c.40 days
d.51 days

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