Ascension Health dispenses 325,000 bottles of brand name pharmaceutical annually. The optimal safety stock (which is on hand initially) is 5,000 bottles. Each bottle costs the center $10, inventory carrying costs are 25%, and the cost of placing an order with its supplier is $200. What is the economic order quantity? Format is x,xxx (number only) What is the maximum inventory for this medication? Format is x,xxx How often must the center order (in days)? Format is xx days or x days How many orders of this pharmaceutical will need to be placed each year? Format is x or xx (number only)

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Economic order quantity square root of 2ordering costsdemand rate holding costs square root of ... View the full answer